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Morgan Stanley plans to price equity-linked notes tied to S&P 500
By Toni Weeks
San Diego, Feb. 24 - Morgan Stanley plans to price 0% equity-linked notes due Sept. 29, 2017 tied to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
If the index falls, the payout will be par.
The notes (Cusip: 617482RL0) are expected to price on March 25 and settle on March 30.
Morgan Stanley & Co. Inc. is the agent.
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