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Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Morgan Stanley plans to price trigger PLUS due 2025 tied to Euro Stoxx
By Marisa Wong
Morgantown, W.Va., Oct. 9 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Oct. 30, 2023 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 180% of the index return. Investors will receive par if the index declines by 50% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 50%.
Morgan Stanley & Co. LLC is the agent.
The notes will price Oct. 27 and settle Oct. 30.
The Cusip number is 61761JM89.
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