New Issue: Morgan Stanley prices $500,000 buffered jump notes linked to dollar ICE swap rate

By Angela McDaniels

Tacoma, Wash., July 27 – Morgan Stanley priced $500,000 of 0% buffered jump securities due Aug. 28, 2017 linked to the 10-year U.S. dollar ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

If the final reference rate is greater than or equal to the threshold reference rate, 85% of the initial reference rate, the payout at maturity will be par plus 15.5%. Otherwise, investors will lose 1% for every 1% that the swap rate declines below the threshold reference rate.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Buffered jump securities
Underlying rate:	10-year U.S. dollar ICE swap rate
Amount:	$500,000
Maturity:	Aug. 28, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final reference rate is greater than or equal to threshold reference rate, par plus 15.5%; otherwise, 1% loss for every 1% that swap rate declines beyond 15%
Initial reference rate:	1.474
Threshold reference rate:	1.253, 85% of initial reference rate
Pricing date:	July 22
Settlement date:	July 27
Agent:	Morgan Stanley & Co. LLC
Fees:	1.25%
Cusip:	61760QJX3

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