By Susanna Moon
Chicago, June 24 - Morgan Stanley priced another $4 million of floating-rate notes due June 24, 2020 linked to the Consumer Price Index, according to a 424B2 filing with the Securities and Exchange Commission.
This brings the total deal size to $5 million, up from $1 million on June 21.
The interest rate will be 6% per year initially. Beginning Dec. 24, 2010, the interest rate will be 2.5% plus the year-over-year change in the index, subject to a floor of zero. Interest is payable monthly.
The payout at maturity will be par.
Morgan Stanley & Co. Inc. is the agent.
| Issuer: | Morgan Stanley
|
| Issue: | U.S. inflation index-linked notes
|
| Underlying index: | Consumer Price Index
|
| Amount: | $5 million (up from $1 million)
|
| Maturity: | June 24, 2020
|
| Coupon: | Initially 6% per year; beginning Dec. 24, 2010, 2.5% plus year-over-year change in index, subject to floor of zero; payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Pricing date: | June 21 for $1 million; June 23 for $4 million
|
| Settlement date: | June 24
|
| Agent: | Morgan Stanley & Co. Inc.
|
| Fees: | 2.25%
|
| Cusip: | 61745ES28
|
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