Morgan Stanley plans jump securities on Financial Select Sector SPDR

By Marisa Wong

Madison, Wis., June 6 - Morgan Stanley plans to price 0% jump securities due June 2015 linked to the Financial Select Sector SPDR fund, according to an FWP filing with the Securities and Exchange Commission.

If the exchange-traded fund's final share price is greater than the initial share price, the payout at maturity will be par of $10 plus the upside payment of $2.10 to $2.30. The exact upside payment will be set at pricing.

Investors will be fully exposed to any decline in the fund share price.

The notes (Cusip: 61762E554) are expected to price and settle in June.

Morgan Stanley & Co. LLC is the agent.

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