Morgan Stanley to redeem series G fixed-to-floating preferreds

By Wendy Van Sickle

Columbus, Ohio, March 15 – Morgan Stanley plans to redeem its fixed-to-floating rate series G noncumulative preferred stock and the related depositary shares (Cusip: 617474AA9), according to a notice.

The preferreds will be redeemed on April 15 at $1,000 per share, which does not include the declared dividend payment of $10.12813 that will also be paid on the redemption date.

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

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