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Morgan Stanley plans two-year buffered return notes linked to Russell
By Susanna Moon
Chicago, April 3 - Morgan Stanley plans to price 0% buffered return optimization securities due April 30, 2015 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any gain in the index, up to a maximum return of 17% to 20%.
Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
Morgan Stanley & Co. LLC is the agent, and UBS Financial Services Inc. is the dealer.
The notes will price on April 25 and settle on April 30.
The Cusip number is 61762E117.
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