Morgan Stanley plans contingent income autocallables on Russell 2000

By Susanna Moon

Chicago, Nov. 16 - Morgan Stanley plans to price contingent income autocallable securities due Nov. 30, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly payment at an annualized rate of 9% if the index closes at or above the barrier level of 590 on the determination date for that month.

If the index closes at or above the initial level on any quarterly call date beginning November 2013, the notes will be called at par plus the contingent coupon.

If the index finishes at or above the barrier level, the payout at maturity will be par plus the contingent quarterly payment.

Otherwise, investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC will be the agent.

The notes will price on Nov. 28 and settle on Nov. 30.

The Cusip number is 61761JAE9.

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