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Published on 10/2/2013 in the Prospect News Structured Products Daily.

New Issue: Morgan Stanley prices $13.47 million PLUS linked to S&P 500 index

By Toni Weeks

San Luis Obispo, Calif., Oct. 2 - Morgan Stanley priced $13.47 million of 0% Performance Leveraged Upside Securities due Oct. 31, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum payment of $11.10 per $10 principal amount.

Investors will be fully exposed to any losses.

Morgan Stanley is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:Morgan Stanley
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$13,469,260
Maturity:Oct. 31, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any gain in the index, up to a maximum return of 11%; full exposure to any losses
Initial level:1,681.55
Pricing date:Sept. 30
Settlement date:Oct. 3
Agent:Morgan Stanley & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:2%
Cusip:61762P773

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