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Morgan Stanley Bank plans seven-year market-linked CDs on MAP Trend
By Marisa Wong
Morgantown, W.Va., July 25 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due July 31, 2025 linked to the Morgan Stanley MAP Trend index, according to a term sheet.
The payout at maturity will be par plus 325% to 350% of the index return, subject to a minimum payout of par.
Morgan Stanley & Co. LLC is the agent. Incapital LLC is distributor.
The CDs will price July 26.
The Cusip number is 61765QHG7.
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