New Issue: Morgan Stanley upsizes nine-year floating-rate notes to $40 million

By Toni Weeks

San Diego, Feb. 11 - Morgan Stanley priced an additional $23.53 million of senior floating-rate notes due Feb. 11, 2020, according to a 424B2 filing with the Securities and Exchange Commission.

This brings the total issue size to $40 million. The original $16.47 million priced Feb. 8.

Interest is payable quarterly and will equal Libor plus 175 basis points, subject to a minimum interest rate of 3% and a maximum interest rate of 8.5% per year.

The payout at maturity will be par plus accrued interest.

Morgan Stanley & Co. Inc. is the agent.

Issuer:	Morgan Stanley
Issue:	Floating-rate notes
Amount:	$40 million, upsized from $16,473,000
Maturity:	Feb. 11, 2020
Coupon:	Libor plus 175 basis points, with a minimum coupon of 3% and a maximum of 8.5%; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	Feb. 8 for $16,473,000; Feb. 10 for $23,527,000
Settlement date:	Feb. 11
Agent:	Morgan Stanley & Co. Inc.
Fees:	2.25%
Cusip:	61745E3X7

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