New Issue: Morgan Stanley prices $2.67 million Buffered PLUS linked to Russell

New York, Feb. 3 – Morgan Stanley priced $2.67 million of 0% Buffered Performance Leveraged Upside Securities due Aug. 4, 2016 tied to the Russell 2000, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payout of par plus 13.2%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline in the index beyond 10%.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$2.67 million
Maturity:	Aug. 4, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of index return, subject to maximum payout of par plus 13.2%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index level:	1,165.392
Pricing date:	Jan. 30
Settlement date:	Feb. 4
Underwriters:	Morgan Stanley & Co. LLC
Fees:	0.9%
Cusip:	61761JWL9

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