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Morgan Stanley plans six-year equity-linked notes on Dow Industrials
By Susanna Moon
Chicago, Jan. 27 - Morgan Stanley plans to price 0% equity-linked notes due Feb. 27, 2017 based on the performance of the Dow Jones Industrial Average, 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 617482QW7) are expected to price on Feb. 22 and settle on Feb. 25.
Morgan Stanley & Co. Inc. is the agent.
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