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Published on 6/17/2013 in the Prospect News Investment Grade Daily.

New Issue: Morgan Stanley sells $250 million 18-month floaters to yield Libor plus 95 bps

By Andrea Heisinger

New York, June 17 - Morgan Stanley priced $250 million of 18-month global floating-rate medium-term notes (Baa1/A-/A) at par to yield Libor plus 95 basis points, according to an FWP filing with the Securities and Exchange Commission.

Morgan Stanley & Co. LLC was the bookrunner.

The financial services company is based in New York City.

Issuer:Morgan Stanley
Issue:Global medium-term floating-rate notes
Amount:$250 million
Maturity:Dec. 19, 2014
Bookrunner:Morgan Stanley & Co. LLC
Coupon:Libor plus 95 bps
Price:Par
Yield:Libor plus 95 bps
Trade date:June 14
Settlement date:June 19
Ratings:Moody's: Baa1
Standard & Poor's: A-
Fitch: A

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