Morgan Stanley plans contingent coupon notes on Russell, Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., May 1 – Morgan Stanley plans to price contingent coupon notes due May 29, 2035 linked to the worst performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 7% if each index closes at or above its barrier level, 80% of the initial level, on the determination date for that month.

The payout at maturity will be par plus the final contingent coupon, if any.

Morgan Stanley & Co. LLC is the agent.

The notes will price May 26 and settle May 29.

The Cusip number is 61761JYU7.

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