By Susanna Moon
Chicago, March 11 - Morgan Stanley priced $2 million of 0% return enhanced notes due March 11, 2015 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any gain in the fund, up to a maximum return of 42.84%.
Investors will share in any losses.
Morgan Stanley & Co. LLC is the agent, with J.P. Morgan Securities as dealer.
| Issuer: | Morgan Stanley
|
| Issue: | Return enhanced notes
|
| Underlying fund: | iShares MSCI EAFE index fund
|
| Amount: | $2 million
|
| Maturity: | March 11, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any gain in the fund, capped at 42.84%; exposure to any losses
|
| Initial level: | $58.90
|
| Pricing date: | March 6
|
| Settlement date: | March 11
|
| Agent: | Morgan Stanley & Co. LLC
|
| Dealers: | J.P. Morgan Securities LLC
|
| Fees: | 1.5%
|
| Cusip: | 61761JEB1
|
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