New Issue: Morgan Stanley prices $413,000 buffered jump notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Dec. 27 - Morgan Stanley priced $413,000 of 0% buffered jump securities due Dec. 27, 2013 linked to the S&P 500 index, according to a 424B2 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 plus the greater of the index return and 16%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered jump securities
Underlying index:	S&P 500
Amount:	$413,000
Maturity:	Dec. 27, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus greater of index return and 16%; par if index falls by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	1,254.00
Pricing date:	Dec. 22
Settlement date:	Dec. 28
Agent:	Morgan Stanley & Co. LLC
Fees:	2.5%
Cusip:	617482E42

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