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Morgan Stanley to price trigger jump securities linked to Russell 2000
By Angela McDaniels
Tacoma, Wash., Dec. 20 – Morgan Stanley Finance LLC plans to price 0% trigger jump securities due Jan. 3, 2020 linked to the Russell 2000 index, according to an FWP filed with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
If the final index level is greater than or equal to the initial index level, the payout at maturity will be par of $10 plus 32.25%. If the index declines by up to 10%, the payout will be par. If the index declines by more than 10%, investors will lose 1% for every 1% that the index declines from its initial level.
Morgan Stanley & Co. LLC is the agent.
The notes will price Dec. 23.
The Cusip number is 61766F797.
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