New Issue: Morgan Stanley prices $3.5 million contingent coupon range accrual notes tied to S&P 500

By Susanna Moon

Chicago, Oct. 31 - Morgan Stanley priced $3.5 million of contingent coupon range accrual notes due Oct. 31, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is 7% for each day that the index closes at or above 875. Interest is payable monthly.

The payout at maturity will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Contingent coupon range accrual notes
Underlying index:	S&P 500
Amount:	$3,501,000
Maturity:	Oct. 31, 2018
Coupon:	7% for each day that index closes at or above 875; payable monthly
Price:	Par
Payout at maturity:	Par
Pricing date:	Oct. 27
Settlement date:	Oct. 31
Agent:	Morgan Stanley & Co. LLC
Fees:	2.5%
Cusip:	617482D43

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