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Morgan Stanley plans three-year performance notes tied to Hang Seng China
By Susanna Moon
Chicago, July 27 – Morgan Stanley plans to price 0% performance securities due July 31, 2018 linked to the Hang Seng China Enterprises index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 140% to 145% of any index gain, with the exact participation rate to be set at pricing.
Investors will be exposed to any losses.
Morgan Stanley & Co. LLC is the agent with UBS Financial Services Inc. as dealer.
The notes will price on July 28 and settle on July 31.
The Cusip number is 61765G721.
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