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•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS •••••••••• Type Mty Close Structure Note 3nc6m 3/13 MS 12% Oil Trigger Income...................
Note 2nc3m 3/13 MS 19% Seadrill Trigger Income..................
Note 2nc3m 3/13 MS 14.25% Chesapeake Energy Trigger Income......
Note 10nc3y 3/26 MS 7%/8%/10% Oil Trigger Income.................
Note 10nc1y 3/26 MS 10% Oil & RTY Trigger Income..................
Note 15yr 3/26 MS 6.50% (Fixed 5yr) SPX & RTY Trigger Income....
Note 15nc1y 3/26 MS 9% Memory Trigger Income......................
Note 15nc5y 3/26 MS 7% Cannon Income Note (2x at Maturity)........
Note 10yr 3/26 MS S&P 500 Trigger Booster (150% Upside).........
Note 10yr 3/26 MS EuroStoxx Trigger Booster (200% Upside).......
Note 10yr 3/26 MS Oil Trigger Booster (150% Upside).............
Expected Pricing Dates: 3/13/15 & 3/26/15 (4PM)
Morgan Stanley 3nc6m 3/16/18 61762GDJ0 @ 98.50 Coupon: 12% Subject to Oil >/= 75% of initial (sets 3/13) Principal Barrier: 60% on SPGCCLP •Only Observed at Maturity• ••Autocallable qtrly after 6 months if SPGCCLP is > initial. Quarterly Obs & Pay 3/13/15 trade 3/18/15 settle Call 9/14/15
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS
•••••••••• Morgan Stanley 2nc3m 3/20/17 61761JXN4 @ 98.50
Coupon: 19.00% Subject to Seadrill LTD >/= 50% of initial (sets 3/13) Principal Barrier: 50% on SDRL •Only Observed at Maturity• ••Autocallable qtrly after 3 months if SDRL is > initial. ••{SDRL Equity DES <Go>} Monthly Obs & Pay 3/13/15 trade 3/18/15 settle Call 6/20/15
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
Morgan Stanley 2nc3m 3/20/17 61761JXM6 @ 98.50
Coupon: 14.25% Subject to Chesapeake Energy >/= 80% of initial (sets 3/13)
Principal Barrier: 80% on CHK •Only Observed at Maturity• ••Autocallable qtrly after 3 months if CHK is > initial. ••{CHK Equity } Monthly Obs & Pay 3/13/15 trade 3/18/15 settle Call 6/20/15
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS •••••••••• Morgan Stanley 10nc3y 3/31/25 61762GDG6 @ 97.00 Coupon: Years 1-2: 7% Subject to Oil >/= 75% Years 3-6: 8% Subject to Oil >/= 75% Years 7-10: 10% Subject to Oil >/= 75% Principal Barrier: 50% on SPGCCLP •Only Observed at Maturity• ••Autocallable qtrly after 3 years if SPGCCLP is > initial. ••Underlier: {SPGCCLP Index} Quarterly Obs & Pay 3/26/15 trade/strike 3/31/15 settle Call 3/31/18
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS •••••••••• Morgan Stanley 10nc1y 3/31/25 61761JXG9 @ 97.00
10.00% Coupon subject to Oil (SPGCCLP) & RTY >/=75% of initial Principal Barrier: 50% of initial (Only observed at maturity) ••Autocallable qtrly after year 1, if SPGCCLP & RTY > initial ••As long as SPX & RTY are above 50% at Mty, it will mature at par. ••If SPGCCLP or RTY are below 50% at mty, investor realizes full downside. Monthly Pay/Observation Trade: 3/26/15 Settle: 3/31/15 Call: 3/31/16
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
Morgan Stanley 3/29/30 61761JXF1 @ 97.00
6.50% Fixed 5yrs (Regardless) Then 6.50% Fixed subject to S&P 500 % Russell 2000 >/=50% of initial Principal Barrier: 50% of initial (Only observed at maturity) ••Earn 32.50% in income before coupon becomes subject to SPX or RTY. ••As long as SPX & RTY are above 50% at Mty, it will mature at par. ••If SPX or RTY are below 50% at mty, investor realizes full downside. Monthly Pay/Observation Trade: 3/26/15 Settle: 3/31/15 Non-Callable
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
Morgan Stanley 15nc1y 3/29/30 61761JXJ3 @ 97.00
9.00% subject to Russell 2000 & EuroStoxx >/= 100% of initial MEMORY COUPON: If RTY & SX5E are above initial on any coupon observation
date, all prior coupons that have been missed are paid out. Principal Barrier: 50% of initial (Only observed at maturity) ••As long as RTY & SX5E are above 50% at Mty, it will mature at par. ••If RTY or SX5E are below 50% at maturity, investor realizes full downside.
••Autocallable qtrly after year 1 if RTY & SX5E are > initial. Quarterly Pay/Observation Trade: 3/26/15 Settle: 3/31/15 Call: 3/31/16
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
Morgan Stanley 15nc5y 3/29/30 61761JXK0 @ 97.00 7.00% subject to RTY & EuroStoxx >/= 75% of initial Payment at Maturity: 2x the final value of the least performer. ••AutoCallable at par quarterly after 5yrs if both > initial. ••If both indices completely flat it will mature at 200% (100% x 2). ••If the least performer is down 25%, it will mature at 150% (75% x 2). ••If the least performer is down 50%, it will mature at Par (50% x 2). ••If the least performer is down 55%, it will mature at 90% (45% x 2). Monthly Pay/Obs Trade: 3/26/15 Settle: 3/31/15 Call: 3/31/20
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
MS S&P 500 Trigger Booster Maturity: March 31, 2025 (10yr) Pricing: March 26, 2015 (3/31 settle) Price: $97.00 Participation: 150% Cap: NO CAP Trigger: 50% of initial strike (only observed at maturity) Underlying: S&P 500 {SPX index} Cusip: 61761JXE4 • If SPX is up 50%, the note will mature at 175%. • If SPX is up 100%, the note will mature at 250%. • If SPX is down 30%, the note will mature at 100%. • If SPX is down 51%, the note will mature at 49%.
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
MS EuroStoxx Trigger Booster Maturity: March 31, 2025 (10yr) Pricing: March 26, 2015 (3/31 settle) Price: $97.00 Participation: 200% Cap: NO CAP Trigger: 50% of initial strike (only observed at maturity) Underlying: EuroStoxx 50 {SX5E index} Cusip: 61761JXH7 • If SX5E is up 50%, the note will mature at 200%. • If SX5E is up 100%, the note will mature at 300%. • If SX5E is down 30%, the note will mature at 100%. • If SX5E is down 51%, the note will mature at 49%.
•••••••••••••• MORGAN STANLEY STRUCTURED INVESTMENTS ••••••••••
MS Oil Trigger Booster Maturity: March 31, 2025 (10yr) Pricing: March 26, 2015 (3/31 settle) Price: $97.00 Participation: 150% Cap: NO CAP Trigger: 50% of initial strike (only observed at maturity) Underlying: S&P GSCI Crude Oil Index {SPGCCLP index} Cusip: 61762GDH4 • If SPGCCLP is up 50%, the note will mature at 175%. • If SPGCCLP is up 100%, the note will mature at 250%. • If SPGCCLP is down 30%, the note will mature at 100%. • If SPGCCLP is down 51%, the note will mature at 49%.
For Broker/Dealer Use Only
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