E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/19/2018 in the Prospect News Structured Products Daily.

Morgan Stanley Bank to price market-linked CDs due 2025 on MAP Trend

By Marisa Wong

Morgantown, W.Va., March 19 – Morgan Stanley Bank, NA plans to price 0% market-linked certificates of deposit due March 28, 2025 linked to the Morgan Stanley MAP Trend index, according to a term sheet.

The payout at maturity will be par plus 255% to 275% of the index return, subject to a minimum payout of par.

Morgan Stanley & Co. LLC is the agent with Incapital LLC as distributor.

The CDs will price March 26.

The Cusip number is 61765QFN4.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.