By Susanna Moon
Chicago, June 28 - Morgan Stanley priced $4.62 million of 0% buffered Performance Leveraged Upside Securities due June 30, 2014 linked to one index and two exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 50% weight, the iShares MSCI EAFE index fund with a 30% weight and the iShares MSCI Emerging Markets index fund with a 20% weight.
The payout at maturity will be par plus 1.28 times any basket gain.
Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for each 1% drop beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Basket: | S&P 500 index (50% weight), the iShares MSCI EAFE index fund (30% weight) and the iShares MSCI Emerging Markets index fund (20% weight)
|
| Amount: | $4.62 million
|
| Maturity date: | June 30, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 128% of any basket gain; par for losses up to 10%; 1.1111% loss per 1% drop beyond 10%
|
| Initial levels: | 1,268.45 for S&P, $57.10 for MSCI EAFE and $45.50 for MSCI EM
|
| Pricing date: | June 24
|
| Settlement date: | June 30
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 0.625%
|
| Cusip: | 617482WF7
|
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