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Morgan Stanley plans leveraged buffered notes tied to index basket
By Susanna Moon
Chicago, Sept. 28 – Morgan Stanley Finance LLC plans to price 0% leveraged buffered notes due in 19 to 22 months linked to a basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley
The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.
The payout at maturity will be par plus 160% of any basket gain, up to a maximum settlement amount of $1,192.96 to $1,226.88 per $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768CQG5.
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