Morgan Stanley plans two-year buffered PLUS with cap on Gold Miners

By Susanna Moon

Chicago, March 13 - Morgan Stanley plans to price 0% buffered Performance Leveraged Upside Securities due March 2014 linked to the Market Vectors Gold Miners exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any fund gain, up to a maximum return of $14.10 to $14.40 per note. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.

Morgan Stanley & Co. LLC is the agent, and Morgan Stanley Smith Barney LLC will handle distribution.

The notes will price and settle in March.

The Cusip number is 61760T553.

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