New Issue: Morgan Stanley prices $5.15 million PLUS tied to iShares FTSE China 25, three metals

By Angela McDaniels

Tacoma, Wash., Aug. 30 - Morgan Stanley priced $5.15 million of 0% Performance Leveraged Upside Securities due Aug. 30, 2013 linked to a hybrid basket containing one exchange-traded fund and three precious metals, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the iShares FTSE China 25 index fund with a 50% weight, platinum with a 20% weight, silver with a 15% weight and gold with a 15% weight.

The payout at maturity will be par plus double any gain in the basket, up to a maximum payment of $1,440 per $1,000 principal amount. If the basket declines, investors will be fully exposed to the loss.

Morgan Stanley & Co. LLC is the agent.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying basket:	iShares FTSE China 25 index fund (50% weight), platinum (20% weight), silver (15% weight) and gold (15% weight)
Amount:	$5,146,000
Maturity:	Aug. 30, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any basket gain, up to maximum return of 44%; full exposure to any basket decline
Initial levels:	$36.96 for ETF; $1,812 for platinum; 4,106 cents for silver; $1,788 for gold
Pricing date:	Aug. 26
Settlement date:	Aug. 30
Agent:	Morgan Stanley & Co. LLC
Fees:	2.25%
Cusip:	617482VV3

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.