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Published on 8/18/2016 in the Prospect News Structured Products Daily.

Morgan Stanley to price 54- to 57-month digital notes on index basket

By Tali Rackner

Norfolk, Va., Aug. 18 – Morgan Stanley Finance LLC plans to price 54- to 57-month digital notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The notes will be guaranteed by Morgan Stanley.

If the basket return is zero or positive, the payout at maturity will be par plus the basket return, subject to a maximum settlement amount that is expected to be $1,476.80 to $1,560.70 per $1,000 principal amount of notes.

Otherwise, investors be fully exposed to the return.

The exact maturity date and maximum settlement amount will be set at pricing.

Morgan Stanley & Co. LLC is the agent.

The notes will price and settle in August.

The Cusip number is 61766BBX8.


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