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Published on 12/30/2015 in the Prospect News Structured Products Daily.

Morgan Stanley will price trigger PLUS linked to S&P 500, Euro Stoxx

By Devika Patel

Knoxville, Tenn., Dec. 30 – Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due Jan. 29, 2021 linked to the lesser performing of the S&P 500 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If each index finishes at or above the initial level, the payout at maturity will be par of $1,000 plus 205% of the return of the worse performing index.

If each index finishes at or above the 65% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

Morgan Stanley & Co. LLC is the agent.

The notes (Cusip: 61761JT58) will price on Jan. 26 and settle on Jan. 29.


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