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Morgan Stanley plans leveraged buffered notes due 2019 linked to indexes
By Susanna Moon
Chicago, Jan. 9 – Morgan Stanley Finance LLC plans to price 0% leveraged buffered notes due in 25 to 28 months linked to a basket of five indexes, according to an FWP filed with the Securities and Exchange Commission.
The notes are guaranteed by Morgan Stanley.
The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.
The payout at maturity will be par plus 150% of any basket gain, up to a maximum settlement amount of $1,457.20 to $1,537.60 per $1,000 of notes. The exact cap will be set at pricing.
Investors will receive par if the basket falls by 15% or less and will lose 1.1765% for each 1% decline beyond 15%.
Morgan Stanley & Co. LLC is the agent.
The Cusip number is 61768CDN4
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