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Published on 6/12/2018 in the Prospect News Structured Products Daily.

Morgan Stanley plans jump autocalls due 2025 linked to MAP Trend

By Susanna Moon

Chicago, June 12 – Morgan Stanley Finance LLC plans to price 0% jump notes with autocallable feature due Dec. 31, 2025 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 10% if the index closes at or above the redemption threshold on any annual determination date other than the final date. The call level will be 102.75% of the initial level on the first determination date, stepping up by 2.75% each subsequent year.

The payout at maturity will be par plus any index gain.

If the index falls, the payout will be par.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price on June 26 and settle on June 29.

The Cusip number is 61768C4M6.


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