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Morgan Stanley plans buffered digital notes linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., May 22 – Morgan Stanley Finance LLC plans to price 0% buffered digital notes with a term of 24 to 27 months linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index return is zero or positive, the payout at maturity will be the greater of par plus the index return and the threshold settlement amount of $1,160.70 to $1,189 per $1,000 principal amount.
If the index return is negative but not less than negative 10%, the payout will be par.
If the index return is less than negative 10%, investors will lose 1.1111% for each 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768CJT5.
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