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Published on 7/14/2023 in the Prospect News Liability Management Daily.

Morgan Stanley Finance solicits holders for SOFR switch retroactively

Chicago, July 14 – Morgan Stanley Finance LLC is soliciting consents for the $30 million of series K0150 zero-coupon notes due Jan. 14, 2049 (ISIN: XS1906341679) to transition the floating-rate basis to SOFR, according to a document.

The solicitation for the Regulation S notes is being run as a written resolution.

The change would be backdated to June 30.

The notes were issued Jan. 14, 2019.

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


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