Bond Morgan Stanleigh 3.4% ( US61760LHB45 ) in USD

Issuer Morgan Stanleigh
Market price refresh price now   96.939 %  ⇌ 
Country  United States
ISIN code  US61760LHB45 ( in USD )
Interest rate 3.4% per year ( payment 2 times a year)
Maturity 16/04/2030



Prospectus brochure of the bond Morgan Stanley US61760LHB45 en USD 3.4%, maturity 16/04/2030


Minimal amount 1 000 USD
Total amount 388 000 USD
Cusip 61760LHB4
Standard & Poor's ( S&P ) rating A- ( Upper medium grade - Investment-grade )
Moody's rating A1 ( Upper medium grade - Investment-grade )
Next Coupon 16/04/2026 ( In 125 days )
Detailed description Morgan Stanley is a leading global financial services firm offering investment banking, wealth management, investment management, and securities services to individuals, corporations, and governments worldwide.

The Bond issued by Morgan Stanleigh ( United States ) , in USD, with the ISIN code US61760LHB45, pays a coupon of 3.4% per year.
The coupons are paid 2 times per year and the Bond maturity is 16/04/2030

The Bond issued by Morgan Stanleigh ( United States ) , in USD, with the ISIN code US61760LHB45, was rated A1 ( Upper medium grade - Investment-grade ) by Moody's credit rating agency.

The Bond issued by Morgan Stanleigh ( United States ) , in USD, with the ISIN code US61760LHB45, was rated A- ( Upper medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







424B2 1 dp55242_424b2-p246.htm FORM 424B2
CALCULATION OF REGISTRATION FEE


Maximum Aggregate

Amount of Registration
Title of Each Class of Securities Offered

Offering Price

Fee
Fixed Rate Senior Notes due 2030

$388,000

$45.09
PROSPECTUS Dated November 19, 2014
Pricing Supplement No. 246 to
PROSPECTUS SUPPLEMENT Dated November 19, 2014
Registration Statement No. 333-200365

Dated April 13, 2015

Rule 424(b)(2)

Morgan Stanley
GLOBAL MEDIUM-TERM NOTES, SERIES F
Fixed Rate Senior Notes Due April 16, 2030
We, Morgan Stanley, will issue the Global Medium-Term Notes, Series F, Fixed Rate Senior Notes Due April 16, 2030 (the "notes") only in
registered form, which form is further described under "Description of Notes-Forms of Notes" in the accompanying prospectus supplement.
We describe the basic features of the notes, including how interest is calculated, accrued and paid, including where a scheduled interest payment
date is not a business day (the following unadjusted business day convention), in the section of the accompanying prospectus supplement called
"Description of Notes" and in the section of the accompanying prospectus called "Description of Debt Securities-Fixed Rate Debt Securities," subject
to and as modified by the provisions described below.






Principal Amount:
$388,000

Interest Payment Period:
Semi-annually
Maturity Date:
April 16, 2030

Interest Payment Dates:
Each April 16 and October




16 commencing October




16, 2015
Settlement Date
April 16, 2015

Call Price:
NA
(Original Issue Date):




Interest Accrual Date:
April 16, 2015

First Call Date:
NA
Issue Price:
100%
Call Frequency:
NA
Commissions:
2.500%
Business Day:
New York
Proceeds to Morgan
$378,300.00

Minimum Denominations:
$1,000 and integral
Stanley:



multiples of $1,000 in




excess thereof
Specified Currency:
U.S. dollars

Survivor's Option:
No
Redemption Percentage at
100%
CUSIP:
61760LHB4
Maturity:




Interest Rate:
3.400% per annum (calculated on

Other Provisions:
None

a 30/360 day count basis)



Terms not defined herein have the meanings given to such terms in the accompanying prospectus supplement and prospectus, as applicable.
The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, nor are
they obligations of, or guaranteed by, a bank.
The Securities and Exchange Commission and state securities regulators have not approved or disapproved these securities, or determined if
this pricing supplement or the accompanying prospectus supplement or the prospectus is truthful or complete. Any representation to the contrary
is a criminal offense.

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MORGAN STANLEY



Supplemental Information Concerning Plan of Distribution; Conflicts of Interest
On the date first set forth above, we agreed to sell to the manager listed below, and it agreed to purchase, the principal amounts of notes set forth
opposite its name below at the "purchase price" for notes. The purchase price for the notes equals the stated Issue Price as set forth above, plus
accrued interest, less the Commissions set forth above.

Name
Principal Amount of Notes
Morgan Stanley & Co. LLC
$388,000
Morgan Stanley & Co. LLC is our wholly-owned subsidiary. This offering will be conducted in compliance with the requirements of FINRA Rule
5121 of the Financial Industry Regulatory Authority, Inc., which is commonly referred to as FINRA, regarding a FINRA member firm's distribution of
the securities of an affiliate and related conflicts of interest. In accordance with FINRA Rule 5121, MS & Co. LLC may not make sales in this offering
to any discretionary accounts without the prior written approval of the customer.
The manager has agreed that it will not purchase, deliver, offer or sell the notes or possess or distribute offering material in relation to the notes
in any jurisdiction if such purchase, delivery, offer or sale or the possession or distribution of such offering material would not be in compliance with
any applicable law or regulation or if any consent, approval or permission is needed for such purchase, delivery, offer or sale or the possession or
distribution by such manager or for or on behalf of us unless such consent, approval or permission has been previously obtained.
Validity of the Notes
In the opinion of Davis Polk & Wardwell LLP, as special counsel to Morgan Stanley, when the notes offered by this pricing supplement have been
executed and issued by Morgan Stanley, authenticated by the trustee pursuant to the Senior Debt Indenture and delivered against payment as
contemplated herein, such notes will be valid and binding obligations of Morgan Stanley, enforceable in accordance with their terms, subject to
applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally, concepts of reasonableness and equitable principles of
general applicability (including, without limitation, concepts of good faith, fair dealing and the lack of bad faith), provided that such counsel
expresses no opinion as to the effect of fraudulent conveyance, fraudulent transfer or similar provision of applicable law on the conclusions expressed
above. This opinion is given as of the date hereof and is limited to the laws of the State of New York and the General Corporation Law of the State of
Delaware. In addition, this opinion is subject to customary assumptions about the trustee's authorization, execution and delivery of the Senior Debt
Indenture and its authentication of the notes and the validity, binding nature and enforceability of the Senior Debt Indenture with respect to the
trustee, all as stated in the letter of such counsel dated November 19, 2014, which is Exhibit 5-a to the Registration Statement on Form S-3 filed by
Morgan Stanley on November 19, 2014.



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