New Issue: Morgan Stanley prices $12.29 million more fixed-to-floaters tied to CPI

By Susanna Moon

Chicago, June 9 - Morgan Stanley priced another $12.29 million of fixed-to-floating notes due June 9, 2023 linked to the Consumer Price Index, according to a 424B2 filing with the Securities and Exchange Commission.

This brings the total deal size to $20 million, up from $7.71 million.

The coupon is 6.25% for the first year. Beginning June 9, 2012, the interest rate will be equal to the year-over-year change in the Consumer Price Index plus 200 basis points, subject to a maximum rate of 8% and a minimum rate of zero. Interest is payable monthly.

The payout at maturity will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Fixed-to-floating notes
Underlying index:	Consumer Price Index
Amount:	$20 million, up from $7,708,000
Maturity:	June 9, 2023
Coupon:	Initially 6.25%; after one year, year-over-year change in index plus 200 bps, subject to cap of 8% and floor of zero; payable monthly
Price:	Par
Payout at maturity:	Par
Pricing dates:	June 1 for $7,708,000, June 8 for $12,292,000
Settlement date:	June 9
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61745ET84

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