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Morgan Stanley to price principal-protected notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., March 3 – Morgan Stanley Finance LLC plans to price 0% market-linked notes due Oct. 4, 2023 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The payout at maturity will be par of $10.00 plus the index return, subject to a minimum return of par and a maximum payout of $18.50 per note.
Morgan Stanley & Co. LLC is the agent.
The notes will price March 31.
The Cusip number is 61766B135.
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