Morgan Stanley plans contingent income autocallables on S&P GSCI Crude Oil Index - Excess Return

By Jennifer Chiou

New York, Feb. 9 – Morgan Stanley plans to price contingent income autocallable securities due Feb. 9, 2018 linked to the S&P GSCI Crude Oil Index - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will pay a contingent quarterly coupon of 8.25% per year if the index closes at or above the 67.5% barrier level on the determination date for that quarter. Otherwise, no coupon will be paid for that quarter.

If the index closes at or above the initial level on any determination date other than the final determination date, the notes will be called at par plus the contingent coupon.

If the notes are not called and the index finishes at or above the 55% downside threshold level, the payout at maturity will be par. Investors will receive the contingent payment if the final level is not below the barrier level.

Otherwise, investors will share in any losses.

The notes (Cusip: 61762GDD3) will price on Feb. 10 and settle on Feb. 13.

Morgan Stanley & Co. LLC is the agent.

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