Morgan Stanley plans contingent income autocallables on two indexes

By Susanna Moon

Chicago, Feb. 22 - Morgan Stanley plans to price contingent income autocallable securities due March 2020 linked to the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 8% if each underlying index closes at or above the 70% coupon barrier level on the determination date for that quarter.

The notes will be called at par of $10 plus the contingent quarterly coupon if each index closes above its initial level on any annual determination dates after three years.

If each underlying index finishes at or above the 50% downside threshold level, the payout at maturity will be par plus the contingent monthly payment.

Otherwise, investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC will be the agent.

The notes will price in February and settle in March.

The Cusip number is 61761JDF3.

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