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Morgan Stanley plans three-year buffered jump notes tied to Stoxx 50
By Susanna Moon
Chicago, Oct. 23 – Morgan Stanley Finance LLC plans to price 0% buffered jump securities due Oct. 29, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
If the index finishes at or above its initial level, the payout at maturity will be par plus the upside return of 30% to 35%.
If the index falls by up to its 85% downside threshold, the payout will be par.
Otherwise, investors will lose 1% per 1% decline beyond the 15% buffer.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Oct. 26 and settle on Oct. 31.
The Cusip number is 61768DFU4.
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