Transcription of ACTIVELY MANAGED CERTIFICATE LINKED TO ... - Morgan …
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ACTIVELY MANAGED CERTIFICATE LINKED TO ... - Morgan …
This is not an offer (or solicitation of an offer) to buy or sell the product. The product may not be offered, sold, transferred or delivered directly or indirectly in the United States to, or for the account or benefit of, any Person (as defined in Regulation S under the Securities Act). Please refer to the important information at the end of this term sheet. Copyright 2014 Morgan stanley . E-mail: Phone: +41 44 220 90 75 ACTIVELY MANAGED CERTIFICATE LINKED TO THE APSPERMONT EQUITY ROTATOR BASKET Terms and Conditions THE CERTIFICATES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT ), OR THE SECURITIES LAWS OF ANY STATE IN THE UNITED STATES, AND ARE SUBJECT TO TAX REQUIREMENTS.
The Certificates are senior unsecured obligations of Morgan Stanley, and all payments on the Certificates, including the repayment of principal,
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