Morgan Stanley to price trigger jump securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Dec. 23 - Morgan Stanley plans to price 0% trigger jump securities due January 2015 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus the greater of the upside payment, which is expected to be 33% to 37% and will be set at pricing, and the index return. If the index level is 65% to 100% of the initial level, the payout will be par. If the final index level is less than 65% of the initial level, investors will be fully exposed to the decline from the initial level.

The notes (Cusip: 61760T314) are expected to price and settle in January.

Morgan Stanley & Co. LLC is the agent.

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