New Issue: Morgan Stanley prices $1.31 million PLUS linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., April 5 – Morgan Stanley priced $1.31 million of 0% Performance Leveraged Upside Securities due July 6, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s return is positive, the payout at maturity will be par of $10 plus 300% of the index’s return, subject to a maximum return of 18.3%. Investors will be exposed to the losses if the index declines.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$1,313,500
Maturity:	July 6, 2017
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any index gain, capped at 18.3%; full exposure to any index decline
Initial index level:	1,114.028
Pricing date:	March 31
Settlement date:	April 5
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61766A228

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