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Morgan Stanley to price trigger PLUS linked to iShares MSCI EAFE
By Susanna Moon
Chicago, April 2 - Morgan Stanley plans to price 0% trigger Performance Leveraged Upside Securities due April 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any gain in the fund, up to a maximum return of 50%.
Investors will receive par if the shares fall up to 15% and will be fully exposed to any losses the shares fall below the 85% trigger level.
Morgan Stanley & Co. LLC is the agent.
The notes will price and settle in April.
The Cusip number is 61760S746.
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