By Angela McDaniels
Tacoma, Wash., Dec. 27 - Morgan Stanley priced $21.5 million of zero-coupon capital-protected notes due June 30, 2010 linked to the best-performing of three baskets of currencies, according to an FWP filing with the Securities and Exchange Commission.
The first basket includes equal weights of the Vietnamese dong, Indonesian rupiah and India rupee. The second basket includes equal weights of the Argentine peso, Brazilian real and Mexican peso. The third basket includes equal weights of the Hungarian forint, Turkish lira and Russian ruble.
The payout at maturity will be par plus 115% of the return of whichever basket appreciates the most relative to the dollar. Investors will receive at least par.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Capital-protected notes
|
| Underlying baskets: | Basket one includes equal weights of the Vietnamese dong, Indonesian rupiah and India rupee; basket two includes equal weights of the Argentine peso, Brazilian real and Mexican peso; basket three includes equal weights of the Hungarian forint, Turkish lira and Russian ruble
|
| Amount: | $21,496,000
|
| Maturity: | June 30, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 115% of the highest of the three basket returns; floor of par
|
| Pricing date: | Dec. 21
|
| Settlement date: | Dec. 31
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 2%
|
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