By Susanna Moon
Chicago, Oct. 25 - Morgan Stanley priced $2.23 million of 0% buffered Performance Leveraged Upside Securities due Oct. 27, 2014 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 of $10.00 plus double any gain in the fund price, up to a maximum return of $12.60 per note.
Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying fund: | iShares MSCI EAFE index fund
|
| Amount: | $2.23 million
|
| Maturity: | Oct. 27, 2014
|
| Coupon: | 0%
|
| Price: | Par of $10.00
|
| Payout at maturity: | Par plus 200% of any fund gain, capped at 26%; par if share price falls by 10% or less; 1% loss per 1% drop beyond 10%
|
| Initial share price: | $53.35
|
| Pricing date: | Oct. 23
|
| Settlement date: | Oct. 26
|
| Agent: | Morgan Stanley & Co. LLC
|
| Fees: | 2.25%
|
| Cusip: | 61755S826
|
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