New issue: Morgan Stanley prices $318,000 buffered jump securities linked to S&P 500 index

By Toni Weeks

San Diego, Oct. 13 - Morgan Stanley priced $318,000 of 0% buffered jump securities due April 14, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $1,000 plus the greater of the index return and an upside payment of $350.

Investors will receive par if the index declines by up to 20% and will share in losses beyond the 20% buffer.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered jump securities
Underlying index:	S&P 500
Amount:	$318,000
Maturity:	April 14, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index return and $350; par if index declines up to 20%; exposure to losses beyond 20%
Initial level:	1,195.54
Trigger level:	956.432, 80% of initial level
Pricing date:	Oct. 11
Settlement date:	Oct. 14
Agent:	Morgan Stanley & Co. LLC
Fees:	3%
Cusip:	617482YS7

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