By Toni Weeks
San Luis Obispo, Calif., Jan. 23 - Morgan Stanley priced $3.69 million of 0% Performance Leveraged Upside Securities due Feb. 27, 2015 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 300% of any fund gain, up to a maximum return of 17.75%.
Investors will be fully exposed to any decline in the share price.
Morgan Stanley & Co. LLC is the agent. Morgan Stanley Wealth Management will handle distribution.
| Issuer: | Morgan Stanley
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying fund: | WisdomTree Japan Hedged Equity fund
|
| Amount: | $3,684,680
|
| Maturity: | Feb. 27, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any fund gain, with return capped at 17.75%; full exposure to losses
|
| Initial price: | $50.41
|
| Pricing date: | Jan. 21
|
| Settlement date: | Jan. 24
|
| Agent: | Morgan Stanley & Co. LLC with Morgan Stanley Wealth Management as dealer
|
| Fees: | 2%
|
| Cusip: | 61760S142
|
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