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Morgan Stanley plans market-linked autocallables tied to Euro Stoxx 50
By Susanna Moon
Chicago, Dec. 5 - Morgan Stanley plans to price market-linked autocallable notes due Dec. 27, 2032 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index closes at or above the 80% barrier level on a monthly determination date, the notes will pay a contingent monthly coupon of 7.25% per year.
The notes will be redeemed at par plus the contingent monthly coupon if the index closes at or above the initial index level on any quarterly redemption determination date beginning in December 2017.
The payout at maturity will be par plus the final contingent monthly coupon.
Morgan Stanley & Co. LLC is the agent.
The notes will price on Dec. 21 and settle on Dec. 27.
The Cusip number is 61761JAL3.
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