Morgan Stanley plans protected market-linked notes with cap on S&P 500

By Susanna Moon

Chicago, Sept. 5 - Morgan Stanley plans to price 0% market-linked notes due March 28, 2016 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 plus any index gain, with a minimum return of par and up to a maximum return of $1,700 to $1,840 per $1,000 principal amount. The exact cap will be set at pricing.

Morgan Stanley & Co. LLC will be the agent.

The notes will price on Sept. 25 and settle on Sept. 28.

The Cusip number is 6174822B9.

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