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Morgan Stanley Bank plans seven-year market-linked CDs on MAP Trend
By Marisa Wong
Morgantown, W.Va., Feb. 22 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due March 2, 2026 linked to the Morgan Stanley MAP Trend index, according to a term sheet.
The payout at maturity will be par plus the index return, subject to a floor of par.
Morgan Stanley & Co. LLC is the agent. Advisors Asset Management is distributor.
The CDs will price on Feb. 25.
The Cusip number is 61765QPQ6.
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