New Issue: Morgan Stanley prices $2.5 million PLUS linked to Fedex, MasterCard

By Angela McDaniels

Tacoma, Wash., Dec. 20 - Morgan Stanley priced $2.5 million of 0% Performance Leveraged Upside Securities due Dec. 20, 2013 linked to an equally weighted basket holding the common stocks of FedEx Corp. and MasterCard Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any basket gain, subject to a maximum return of 45%. Investors will be fully exposed to any basket decline.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying stocks:	FedEx Corp. (NYSE: FDX) and MasterCard Inc. (NYSE: MA)
Amount:	$2.5 million
Maturity:	Dec. 20, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any basket gain, up to maximum return of 45%; full exposure to any basket decline
Initial share prices:	$83.47 for FedEx and $359.21 for MasterCard
Pricing date:	Dec. 16
Settlement date:	Dec. 22
Underwriter:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	617482E75

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