By Andrea Heisinger
Omaha, April 1 - Morgan Stanley reopened its 10-year 6.625% medium-term notes Tuesday to add $250 million, a market source said.
Total issuance is now $2.5 billion, including $2.25 billion priced March 27.
The add-on notes (Aa3/AA-/AA-) priced at Treasuries plus 300 basis points. The original $2.25 billion came at Treasuries plus 290 bps.
Morgan Stanley & Co. Inc. was agent.
The financial services company is based in New York City.
| Issuer: | Morgan Stanley
|
| Issue: | Medium-term senior notes |
|
| Amount: | $250 million reopened
|
| Maturity: | April 1, 2018 |
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Coupon: | 6.625%
|
| Spread: | Treasuries plus 300 bps
|
| Call: | Make-whole at Treasuries plus 50 bps
|
| Trade date: | April 1 |
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
| Fitch: AA-
|
| Total issuance: | $2.5 billion, including $2.25 billion priced March 27
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
