Morgan Stanley plans contingent coupon notes linked to three indexes

By Toni Weeks

San Luis Obispo, Calif., Oct. 1 - Morgan Stanley plans to price contingent coupon notes due Oct. 31, 2033 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a monthly coupon at an annual rate of 8% if each index closes at or above its barrier level, 75% of its initial level, on the observation date for that month.

The payout at maturity will be par plus the final contingent coupon, if any.

The notes (Cusip: 61761JLY3) are expected to price Oct. 28 and settle Oct. 31.

Morgan Stanley & Co. LLC is the agent.

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