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Morgan Stanley to redeem S&P 500 Crude Oil-linked ETNs on Jan. 30
By Angela McDaniels
Tacoma, Wash., Jan. 8 – Morgan Stanley will redeem all of its outstanding 0% exchange-traded notes due July 1, 2031 linked to the S&P 500 Crude Oil index, according to a company news release.
The repurchase settlement amount of the ETNs will be determined on the call notice date, which is expected to be Jan. 27. The redemption date will be Jan. 30.
The last day of trading for the ETNs (NYSE: BARL) is expected to be Jan. 29.
The Cusip number is 61760E390.
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