By Susanna Moon
Chicago, Sept. 29 - Morgan Stanley priced $3.66 million of 0% buffered Performance Leveraged Upside Securities due Nov. 30, 2011 based on a basket of two indexes and an exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.
The basket consists of the Philadelphia Oil Service Sector index with a 50% weight, the Russell 2000 index with a 25% weight and the iShares FTSE/Xinhua China 25 index fund with a 25% weight.
The payout at maturity will be par of $10.00 plus 1.5 times any basket gain, up to a maximum return of $11.20 per note.
Investors will receive par if the basket falls by up to 7.5% and will be exposed to losses beyond 7.5%.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying basket: | Philadelphia Oil Service Sector index (50% weight), Russell 2000 index (25% weight) and iShares FTSE/Xinhua China 25 index fund (25% weight)
|
| Amount: | $3,658,000
|
| Maturity: | Nov. 30, 2011
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 150% of any basket gain, capped at 12%; share in losses beyond 7.5%
|
| Initial levels: | 192.20 for Philadelphia oil, 668.30 for Russell and $42.63 for FTSE/Xinhua China
|
| Pricing date: | Sept. 27
|
| Settlement date: | Sept. 30
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 2%
|
| Cusip: | 61759G364
|
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