By Marisa Wong
Milwaukee, March 10 - Morgan Stanley priced $3.285 million of zero-coupon principal-protected notes due March 15, 2016 linked to a basket comprised of the S&P 500 index and the iShares MSCI EAFE index fund, according to an FWP filing with the Securities and Exchange Commission.
The index has a 75% weight in the basket, and the exchange-traded fund has a 25% weight.
The payout at maturity will be par of $1,000 plus 1.02 times the basket return, subject to a floor of par.
For each basket component, the final level will be the average of its closing levels on each of the following determination dates: March 9, 2015, April 8, 2015, May 8, 2015, June 8, 2015, July 8, 2015, Aug. 10, 2015, Sept. 8, 2015, Oct. 8, 2015, Nov. 9, 2015, Dec. 8, 2015, Jan. 8, 2016, Feb. 8, 2016 and March 8, 2016.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | Principal-protected notes
|
| Underlying basket: | S&P 500 index (75% weight), iShares MSCI EAFE index fund (25% weight)
|
| Amount: | $3.285 million
|
| Maturity: | March 15, 2016
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus 1.02 times the basket return, floor of par
|
| Initial index level: | 1,138.50
|
| Initial fund share price: | $54.98
|
| Pricing date: | March 8
|
| Settlement date: | March 15
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 3.5%
|
| Cusip: | 617482LA0
|
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