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Morgan Stanley plans 80% buffered jump notes due 2015 tied to S&P 500
By Susanna Moon
Chicago, Oct. 17 - Morgan Stanley plans to price 0% buffered jump securities due Oct. 28, 2015 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes above the initial index level, the payout at maturity will be par of $10 plus the gain, with a minimum return of 44%.
Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Oct. 25 and settle on Oct. 28.
The Cusip number is 617482D35.
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