By Susanna Moon
Chicago, Nov. 9 - Morgan Stanley priced $4 million of zero-coupon capital-protected notes due June 26, 2009 linked to a basket of commodities, according to an FWP filing with the Securities and Exchange Commission.
The basket contains equal weights of WTI crude oil, the Baltic Dry index, S&P GSCI Agricultural Index - Excess Return and S&P GSCI Industrial Metals Index - Excess Return.
The payout at maturity will be par plus any gain in the basket. Investors will receive at least par.
Morgan Stanley & Co. will be the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Capital-protected notes
|
| Underlying securities: | Equal weights of WTI crude oil, the Baltic Dry index, S&P GSCI Agricultural Index - Excess Return and S&P GSCI Industrial Metals Index - Excess Return
|
| Amount: | $4 million
|
| Maturity: | June 26, 2009
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 130% of any basket increase; floor of par
|
| Initial prices: | 95.46 for WTI crude oil; 10,744 for Baltic Dry index; 74.16746 for S&P GSCI Agricultural Index - Excess Return; 313.3125 for S&P GSCI Industrial Metals Index - Excess Return
|
| Pricing date: | Nov. 8
|
| Settlement date: | Nov. 14
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 0.1%
|
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