New Issue: Morgan Stanley prices $1.9 million contingent coupon notes linked to indexes

By Angela McDaniels

Tacoma, Wash., April 29 – Morgan Stanley priced $1.9 million of contingent coupon notes due April 30, 2035 linked to the worst performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Each month, the notes will pay a contingent coupon at an annual rate of 7% if each index closes at or above its coupon barrier level, 80% of its initial level, on the observation date for that month.

The payout at maturity will be par plus the final contingent coupon, if any.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Contingent coupon notes
Underlying indexes:	Russell 2000 and Euro Stoxx 50
Amount:	$1,895,000
Maturity:	April 30, 2035
Coupon:	7% annualized, payable monthly if each index closes at or above its barrier level on observation date for that month
Price:	Par
Payout at maturity:	Par plus final contingent coupon, if any
Initial levels:	3,713.96 for Euro Stoxx 50 and 1,267.535 for Russell 2000
Coupon barriers:	2,971.168 for Euro Stoxx 50 and 1,014.028 for Russell 2000; 80% of initial levels
Pricing date:	April 24
Settlement date:	April 29
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	61761JYH6

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