Morgan Stanley to price market-linked CDs on basket of six indexes

By Marisa Wong

Los Angeles, July 24 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due Jan. 30, 2025 linked to a basket of six indexes, according to a term sheet.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 10% weight, the Swiss Market index with a 10% weight, the S&P/ASX 200 index with a 10% weight and the Hang Seng index with a 10% weight.

The payout at maturity will be par plus at least 102% of the basket return, subject to a minimum payout of par. The exact participation rate will be set at pricing.

Morgan Stanley & Co. LLC is the agent. Advisors Asset Management is distributor.

The CDs will price July 25.

The Cusip number is 61765QB32.

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