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Morgan Stanley plans buffered jump notes linked to S&P GSCI Crude Oil
By Angela McDaniels
Tacoma, Wash., Sept. 1 - Morgan Stanley plans to price 0% buffered jump securities due March 11, 2011 linked to the S&P GSCI Crude Oil Index - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 8%. Investors will receive par if the index declines by 10% or less and will lose 1.111% for every 1% that it declines beyond 10%.
The notes (Cusip: 617482NG5) will price and settle in September.
Morgan Stanley & Co. Inc. is the agent.
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