Morgan Stanley Bank to price market-linked CDs due 2026 on MAP Trend

By Sarah Lizee

Olympia, Wash., April 22 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due April 24, 2026 linked to the Morgan Stanley MAP Trend index, according to a term sheet.

The payout at maturity will be par plus 290% to 305% of the index return, subject to a floor of par.

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

The CDs will price on April 24.

The Cusip number is 61765QUR8.

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