Morgan Stanley to price buffered securities linked to index basket

By E. Janene Geiss

Philadelphia, March 10 - Morgan Stanley plans to price 0% buffered securities due September 2011 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 75% weight, Nasdaq 100 index with a 15% weight and the iShares MSCI EAFE index fund with a 10% weight.

The payout at maturity will be par plus 87% to 94% of any basket gain. The exact participation rate will be set at pricing. Investors will receive par if the basket declines by 30% or less and will lose 1% for every 1% decline beyond 30%. Investors will receive at least $3.00 per $10.00 principal amount.

The notes will price and settle in March.

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

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