Morgan Stanley to price 0% Trigger PLUS notes liked to MSCI EAFE index

By Angela McDaniels

Seattle, May 2 - Morgan Stanley plans to price an offering of 0% Trigger Performance Leveraged Upside Securities (PLUS) due May 20, 2012 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price and settle in May.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain multiplied by the upside leverage factor, which will be 125% to 135% and will be determined at pricing.

If the final index level is less than or equal to the initial index level, the payout will be par unless the index falls by more than 30% during the life of the notes, in which case investors will be fully exposed to the index decline.

Morgan Stanley & Co. Inc. will be the agent.

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