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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.
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