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Published on 8/5/2011 in the Prospect News Structured Products Daily.

Morgan Stanley changes dates for notes linked to four currencies

By Angela McDaniels

Tacoma, Wash., Aug. 5 - Morgan Stanley pushed back the pricing, settlement and maturity dates of its upcoming 0% currency-linked participation notes linked to the performance of a basket of currencies relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The maturity date was changed to Feb. 19, 2013 from Feb. 12, 2013.

The notes are now expected to price Aug. 12 and settle Aug. 19. They were previously slated to price Aug. 5 and settle Aug. 12.

The basket includes equal weights of the Australian dollar, the Indonesian rupiah, the Malaysian ringgit and the South Korean won.

For each $1,000 principal amount, the payout at maturity will be the greater of (a) $1,060 plus the basket return, which could be positive or negative, and (b) $60.

Morgan Stanley & Co. LLC is the agent with J.P. Morgan Securities LLC as dealer.

The Cusip number is 617482SC9.


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