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Morgan Stanley to price trigger gears due 2028 tied to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., June 5 – Morgan Stanley Finance LLC plans to price 0% trigger gears due June 29, 2028 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be guaranteed by Morgan Stanley.
The payout at maturity will be par of $10 plus 4 to 4.15 times any index gain.
Investors will receive par if the index declines by 35% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 35%.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
The notes will price on June 27 and settle on June 29.
The Cusip number is 61768Q676.
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