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Published on 3/31/2014 in the Prospect News Structured Products Daily.

Morgan Stanley plans trigger PLUS tied to basket of seven commodities

By Susanna Moon

Chicago, March 31 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due May 4, 2015 linked to a basket of seven commodities, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The basket commodities are copper, cotton, RBOB gasoline, lean hogs, palladium, soybeans and West Texas Intermediate light sweet crude oil.

The payout at maturity will be par plus double any basket gain.

Investors will receive par if the basket falls by up to 15% and will be fully exposed to any losses if the basket finishes below the 85% trigger level.

Morgan Stanley & Co. LLC is the underwriter.

The notes will price on April 25 and settle on April 30.

The Cusip number is 61762GBH6.


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