Morgan Stanley plans buffered jump securities tied to S&P 500 index

By Jennifer Chiou

New York, June 28 - Morgan Stanley plans to price 0% buffered jump securities due Jan. 29, 2015 linked to the S&P 500 index, according to a 424B2 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 plus the greater of the index return and the minimum upside payment of 27% to 29% that will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

The notes (Cusip: 617482WD2) will price on July 25 and settle on July 28.

Morgan Stanley & Co. Inc. is the agent.

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