New Issue: Morgan Stanley prices $1.5 million PLUS linked to S&P GSCI Crude Oil

By Toni Weeks

San Luis Obispo, Calif., Dec. 30 – Morgan Stanley priced $1.5 million of 0% Performance Leveraged Upside Securities due Dec. 29, 2016 linked to the S&P GSCI Crude Oil Index - Excess Return, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, up to a maximum return of 49.2%.

Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the underwriter. CAIS Capital LLC is the broker.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P GSCI Brent Crude Index – Excess Return
Amount:	$1,495,000
Maturity:	Dec. 29, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of index gain, capped at 49.2%; exposure to any losses
Initial index level:	314.419
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Agent:	Morgan Stanley & Co. LLC
Broker:	CAIS Capital LLC
Fees:	1%
Cusip:	61762GCS1

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