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
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Maturity: | Dec. 19, 2014
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Bookrunner: | Morgan Stanley & Co. LLC
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Coupon: | Libor plus 95 bps
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Price: | Par
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Yield: | Libor plus 95 bps
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Trade date: | June 14
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Settlement date: | June 19
|
Ratings: | Moody's: Baa1
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| Standard & Poor's: A-
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| Fitch: A
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