By Jennifer Chiou
New York, Nov. 28 - Morgan Stanley priced $15.83 million of 0% trigger jump securities due Nov. 25, 2015 linked to the Russell 3000 index and the iShares MSCI EAFE index fund, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.
If the basket finishes above the initial level, the payout at maturity will be par plus the greater of any basket gain and the upside payment of 23.5%.
If the basket falls but finishes above the 65% downside threshold level, the payout will be par.
Otherwise, investors will be fully exposed to losses.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Trigger jump securities
|
| Underlying basket: | Russell 2000 index and iShares MSCI EAFE index fund, equally weighted
|
| Amount: | $15.83 million
|
| Maturity: | Nov. 25, 2015
|
| Coupon: | 0%
|
| Price: | Par of 10.00
|
| Payout at maturity: | If basket gains, greater of return and 23.5%; par for losses up to 35%;otherwise, full exposure to losses
|
| Initial levels: | 830.84 for index; $54.42 for fund
|
| Downside threshold level: | 65% of initial level
|
| Pricing date: | Nov. 26
|
| Settlement date: | Nov. 29
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.1%
|
| Cusip: | 61761H772
|
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