Morgan Stanley plans trigger jump securities linked to BRIC currencies

By Angela McDaniels

Tacoma, Wash., Oct. 26 - Morgan Stanley plans to price 0% trigger jump securities due Nov. 21, 2013 linked to a basket of currencies, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Brazilian real, the Russian ruble, the Indian rupee and the Chinese renminbi. They each have a weight of 25%. The basket performance will be positive if the basket appreciates relative to the dollar.

If the basket performance is greater than zero, the payout at maturity will be par plus the upside payment. If the basket performance is zero to negative 20%, the payout will be par. If the basket performance is less than negative 20%, investors will be fully exposed to the decline.

The upside payment is expected to be 35% to 40% and will be set at pricing.

The notes (Cusip: 617482SG0) are expected to price Nov. 22 and settle three business days later.

Morgan Stanley & Co. LLC is the agent.

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