Morgan Stanley plans capped leveraged notes linked to five indexes

By Angela McDaniels

Tacoma, Wash., Feb. 23 – Morgan Stanley plans to price 23- to 26-month 0% capped leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 300% of the basket return, subject to a maximum payout of $1,375 to $1,441 for each $1,000 principal amount of notes. The exact maximum payout will be set at pricing. If the basket return is negative, investors will be fully exposed to the decline.

Morgan Stanley & Co. LLC is the agent.

The notes will price in February and settle in March.

The Cusip number is 61761JX87.

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