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

By Sarah Lizee

Olympia, Wash., May 20 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due May 29, 2026 linked to the Morgan Stanley MAP Trend index, according to a term sheet.

The payout at maturity will be par plus 285% to 300% of any index gain, subject to a minimum payout of par.

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

The CDs will price May 24.

The Cusip number is 61765QWR6.

© 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.