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Published on 10/25/2019 in the Prospect News Structured Products Daily.

Morgan Stanley plans to price autocallable jump notes on MAP Trend

By Sarah Lizee

Olympia, Wash., Oct. 25 – Morgan Stanley Finance LLC plans to price 0% jump notes with autocallable feature due Nov. 2, 2026 linked to the Morgan Stanley MAP Trend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Morgan Stanley.

The notes will be automatically called at par plus an early redemption premium of 5% per year if the index closes at or above the redemption threshold on any determination date other than the final one.

The redemption threshold is 102.75% of the initial index level for the first determination date and steps up by 275 basis points each year.

If the notes have not been called, the payout at maturity will be par plus any index gain. If the index finishes flat or falls, the payout will be par.

Morgan Stanley & Co. LLC is the agent.

The notes will price on Oct. 28.

The Cusip number is 61769HA47.


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