By Andrea Heisinger
New York, Dec. 15 - Morgan Stanley reopened its notes due June 15, 2011 that are backed by the Federal Deposit Insurance Corp. Temporary Liquidity Guarantee Program to add $200 million, according to an FWP filing with the Securities and Exchange Commission.
The non-callable notes (Aaa/AAA/AAA) priced at 100.077 with a coupon of one-month Libor plus 74 basis points.
Total issuance is $700 million, including $500 million issued on Dec. 2.
Morgan Stanley & Co. Inc. was the bookrunner.
The bank holding company is based in New York City.
| Issuer: | Morgan Stanley
|
| Guarantor: | Federal Deposit Insurance Corp.
|
| Issue: | FDIC-backed floating-rate notes
|
| Amount: | $200 million reopened
|
| Maturity: | June 15, 2011
|
| Bookrunner: | Morgan Stanley & Co. Inc.
|
| Coupon: | One-month Libor plus 74 bps
|
| Price: | 100.077, plus accrued interest from Dec. 15
|
| Call: | Non-callable
|
| Trade date: | Dec. 12
|
| Settlement date: | Dec. 17
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Total issuance: | $700 million, including $500 million issued Dec. 2
|
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