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Published on 11/20/2018 in the Prospect News Structured Products Daily.

Morgan Stanley Bank to price market-linked CDs due 2023 on MAP Trend

By Sarah Lizee

Olympia, Wash., Nov. 20 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due Nov. 30, 2023 linked to the Morgan Stanley MAP Trend index, according to a term sheet.

The payout at maturity will be par plus 255% to 275% of the index return.

If the index finishes flat or falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent. Incapital LLC is distributor.

The CDs will price Nov. 27.

The Cusip number is 61765QKW8.


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