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Morgan Stanley plans market-linked notes due 2021 tied to the Dow
By Susanna Moon
Chicago, Jan. 6 - Morgan Stanley plans to price 0% market-linked notes due January 2021 tied to the Dow Jones industrial average, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 70%.
If the index falls, the payout will be par.
Morgan Stanley & Co. LLC is the agent.
The notes will price in January and settle three days later in February.
The Cusip number is 61760S134.
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