By Angela McDaniels
Tacoma, Wash., Sept. 1 - Morgan Stanley priced $3.1 million of 0% buffered Performance Leveraged Upside Securities due March 4, 2013 linked to a basket of indexes and exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 index with a 35% weight, the iShares MSCI Emerging Markets index fund with a 35% weight, the Russell 2000 index with a 15% weight and the iShares MSCI EAFE index fund with a 15% weight.
The payout at maturity will be par of $10 plus 150% of any basket gain, subject to a maximum return of 16%. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying basket: | S&P 500 index (35% weight), iShares MSCI Emerging Markets index fund (35% weight), Russell 2000 index (15% weight) and iShares MSCI EAFE index fund (15% weight)
|
| Amount: | $3.1 million
|
| Maturity: | March 4, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 150% of any basket gain, up to maximum return of 16%; par if basket falls by 10% or less; 1% loss for every 1% decline beyond 10%
|
| Initial levels: | 1,212.92 for S&P 500; $41.91 for iShares MSCI Emerging Markets; 728.08 for Russell 2000; $52.63 for iShares MSCI EAFE
|
| Pricing date: | Aug. 30
|
| Settlement date: | Sept. 2
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2%
|
| Cusip: | 61760P734
|
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