Morgan Stanley Bank to price three-year market-linked CDs on MAP Trend

By Marisa Wong

Morgantown, W.Va., Feb. 21 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due March 2, 2022 linked to the Morgan Stanley MAP Trend index, according to a term sheet.

The payout at maturity will be $1,015 for each $1,000 CD plus the supplemental amount, if any. The supplemental amount is equal to the index return, subject to a floor of zero.

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

The CDs will price Feb. 25.

The Cusip number is 61765QQA0.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.