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Morgan Stanley plans capped leveraged buffered notes on index basket
By Susanna Moon
Chicago, Nov. 9 – Morgan Stanley Finance LLC plans to price 0% capped leveraged buffered notes due in 25 to 28 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 160% of any basket gain, up to a maximum settlement amount of $1,330.56 to $1,388.64 for each $1,000 principal amount of notes. The exact cap will be set at pricing.
Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.
Morgan Stanley is the agent.
The Cusip number is 61768CBW6.
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