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Published on 10/26/2009 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $7.13 million capital-protected notes linked to six currencies

By Angela McDaniels

Tacoma, Wash., Oct. 26 - Morgan Stanley priced $7.13 million of zero-coupon capital-protected 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 130% of any basket appreciation relative to the dollar. Investors will receive at least par.

Morgan Stanley & Co. Inc. is the agent.

Issuer:Morgan Stanley
Issue:Capital-protected notes
Underlying currencies:Brazilian real, Chinese renminbi, Hungarian forint, Indian rupee, Mexican peso and Turkish lira, equally weighted
Amount:$7,125,000
Maturity:Jan. 31, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 130% of any basket gain versus the dollar; floor of par
Initial exchange rates:1.7113 for real, 6.8275 for renminbi, 177.07057 for forint, 46.45 for rupee, 13.0086 for peso; 1.46811 for lira
Pricing date:Oct. 23
Settlement date:Oct. 30
Agent:Morgan Stanley & Co. Inc.
Fees:2.5%

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