New Issue: Morgan Stanley prices $4.97 million 0% PLUS due 2012 linked to S&P 500

By Toni Weeks

San Diego, Aug. 12 - Morgan Stanley priced $4.97 million of 0% Performance Leveraged Upside Securities due Sept. 17, 2012 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus three times any gain in the index, up to a maximum payment of $11.725 per $10 principal amount.

Investors will be fully exposed to any losses.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$4,974,000
Maturity date:	Sept. 17, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any gain in index, up to a maximum of $11.725 per $10 note; full exposure to losses
Initial level:	1,120.76
Pricing date:	Aug. 10
Settlement date:	Aug. 15
Agent:	Morgan Stanley & Co. LLC
Fees:	2%
Cusip:	61760E275

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