New Issue: Morgan Stanley prices $667,350 PLUS linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., July 8 – Morgan Stanley priced $667,350 of 0% Performance Leveraged Upside Securities due Oct. 4, 2017 linked to the Russell 2000 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum return of 17.25%. Investors will be fully exposed to any index decline.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$667,350
Maturity:	Oct. 4, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 17.25% maximum return; full exposure to losses
Initial index level:	1,151.923
Pricing date:	June 30
Settlement date:	July 6
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	61766A426

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