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Published on 7/11/2018 in the Prospect News Structured Products Daily.

Morgan Stanley plans jump autocalls due 2026 tied to MAP Trend

By Susanna Moon

Chicago, July 11 – Morgan Stanley Finance LLC plans to price 0% jump notes with autocallable feature due Jan. 29, 2026 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 6% if the index closes at or above the redemption threshold on any annual determination date other than the final date. The call level will be 101.5% of the initial level on the first determination date, stepping up by 1.5% each subsequent year.

The payout at maturity will be par plus any index gain.

If the index falls, the payout will be par.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes will price on July 26 and settle on July 31.

The Cusip number is 61768C6U6.


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