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Published on 10/1/2009 in the Prospect News Structured Products Daily.

Morgan Stanley plans capital-protected notes linked to currencies

By E. Janene Geiss

Philadelphia, Oct. 1 - Morgan Stanley plans to price capital-protected currency-linked notes due Jan. 31, 2013 linked to a basket of currencies, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of equal weights of the Brazilian real, Chinese renminbi, Hungarian forint, Indian rupee, Mexican peso and Turkish lira.

The payout at maturity will be par plus 125% to 145% of any basket gain, with the exact participation rate to be set at pricing.

Investors will receive at least par.

The notes will price and settle in October.

Morgan Stanley & Co. Inc. is the agent.


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