Morgan Stanley to price trigger PLUS due 2015 linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., Oct. 28 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Nov. 27, 2015 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 150% of the index return.

If the final index level is less than or equal to the initial index level and is greater than the trigger level, the payout will be par. The trigger level will be 50% of the initial index level.

If the final index level is less than or equal to the trigger level, investors will be fully exposed to the decline of the index from its initial level.

The notes (Cusip: 617482D68) will price Nov. 22 and settle Nov. 28.

Morgan Stanley & Co. LLC is the agent.

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