New Issue: Morgan Stanley prices $5.42 million contingent coupon range accrual notes on S&P 500

By Susanna Moon

Chicago, Sept. 29 - Morgan Stanley priced $5.42 million of contingent coupon range accrual notes due Sept. 29, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is 7% for the first year. Beginning Sept. 30, 2012, it will be 7% for each day that the index closes at or above 875. Interest is payable monthly.

The payout at maturity will be par.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Contingent coupon range accrual notes
Underlying index:	S&P 500
Amount:	$5,422,000
Maturity:	Sept. 29, 2023
Coupon:	7% initially; beginning Sept. 30, 2012, 7% for each day that index closes at or above 875; payable monthly
Price:	Par
Payout at maturity:	Par
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agent:	Morgan Stanley & Co. LLC
Fees:	3.5%
Cusip:	617482YF5

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