New Issue: Morgan Stanley prices $1.64 million PLUS linked to Crude Oil futures

By Susanna Moon

Chicago, Nov. 19 – Morgan Stanley priced $1.64 million of 0% Performance Leveraged Upside Securities due May 19, 2015 linked to West Texas Intermediate Light Sweet Crude Oil futures contracts, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain in the price of crude, up to a maximum return of 10.5%.

Investors will be exposed to any losses.

Morgan Stanley & Co. LLC is the underwriter.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying asset:	West Texas Intermediate Light Sweet Crude Oil futures contracts
Amount:	$1,643,000
Maturity:	May 19, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any crude gain, capped at 10.5%; exposure to any losses
Initial level:	$75.82
Pricing date:	Nov. 14
Settlement date:	Nov. 19
Agent:	Morgan Stanley & Co. LLC
Fees:	1.25%
Cusip:	61762GCK8

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