Morgan Stanley to price 0% notes linked to Russell 2000 via JPMorgan

By Angela McDaniels

Seattle, Dec. 8 - Morgan Stanley plans to price an issue of return-enhanced notes due Jan. 16, 2008 linked to the Russell 2000 index via agents JPMorgan Chase Bank NA and J.P. Morgan Securities Inc., according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price on Dec. 15 and settle on Dec. 22.

The payout at maturity will par plus double any positive return on the index, up to a maximum total return that will be at least 21.4% and will be determined at pricing.

Investors will be fully exposed to any decline in the index.

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