Morgan Stanley plans 10-year trigger performance notes tied to S&P 500

By Susanna Moon

Chicago, Sept. 10 - Morgan Stanley plans to price 0% trigger performance securities due Sept. 28, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 136% to 146% of any index gain, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.

Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as the dealer.

The notes will price on Sept. 25 and settle on Sept. 30.

The Cusip number is 61762P815.

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