Morgan Stanley to price PLUS due September 2017 linked to S&P 500

By Angela McDaniels

Tacoma, Wash., May 2 – Morgan Stanley plans to price 0% Performance Leveraged Upside Securities due Sept. 6, 2017 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 24.15%.

If the final index level is less than the initial index, investors will be fully exposed to the decline.

Morgan Stanley & Co. LLC is the agent.

The notes will price May 13.

The Cusip number is 61766A335.

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