New Issue: Morgan Stanley prices $7.36 million trigger PLUS on Financial Select SPDR fund

By Jennifer Chiou

New York, Oct. 27 - Morgan Stanley priced $7.36 million of 0% trigger Performance Leveraged Upside Securities due Oct. 28, 2014 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 131% of any increase in the fund share price.

Investors will receive par if the share price falls by up to 40% and will be fully exposed to losses from the initial price if it drops more than 40%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Trigger Performance Leveraged Upside Securities
Underlying fund:	Financial Select Sector SPDR fund
Amount:	$7,361,540
Maturity date:	Oct. 28, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If fund gains, par plus 131% of gain; par if fund has fallen by up to 40%; full exposure to losses if fund falls beyond 40%
Initial price:	$13.02
Trigger price:	$7.812, 60% of initial price
Pricing date:	Oct. 25
Settlement date:	Oct. 28
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	61760T140

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