New Issue: Morgan Stanley prices $900,000 jump securities on Financial Select Sector SPDR

By Jennifer Chiou

New York, July 3 - Morgan Stanley priced $900,000 of 0% jump securities due June 30, 2015 linked to the Financial Select Sector SPDR fund, according to a 424B2 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 $2.40.

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

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Jump securities
Underlying ETF:	Financial Select Sector SPDR fund
Amount:	$900,000
Maturity:	June 30, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If ETF's shares finish above initial share price, par plus 24%; exposure to losses
Initial share price:	$19.49
Pricing date:	June 28
Settlement date:	July 3
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61762E554

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