New Issue: Morgan Stanley sells $350 million add-on to floaters due 2018

By Aleesia Forni

Virginia Beach, May 13 - Morgan Stanley priced a $350 million add-on to its existing floating-rate notes (Baa2/A-/A) due April 25, 2018 on Monday. The notes priced at 102.162 with a coupon of Libor plus 128 basis points, according to a FWP filing with the Securities and Exchange Commission.

The original $700 million issue at par on April 25, 2013, and a $234,425,000 add-on was issued on April 30, 2014.

Morgan Stanley & Co. LLC was the bookrunner.

Morgan Stanley is a New York City-based financial services company.

Issuer:	Morgan Stanley
Amount:	$350 million
Description:	Global medium-term notes, series F
Maturity:	April 25, 2018
Bookrunner:	Morgan Stanley & Co. LLC
Coupon:	Libor plus 128 bps
Price:	102.162
Trade date:	May 12
Settlement date:	May 15
Ratings:	Moody's: Baa2
	Standard & Poor's: A-
	Fitch: A
	DBRS: A (high)
Distribution:	SEC registered
Total issue size:	$1,284,425,000, including $700 million priced on April 25, 2013 and $234,425,000 issued on April 30, 2014

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