New Issue: Morgan Stanley prices $1 billion of 4% 30-year notes at par

By Cristal Cody

Eureka Springs, Ark., Aug. 1 – Morgan Stanley sold $1 billion of 4% 30-year global medium-term notes (A3/BBB+/A) at par, according to a 424B2 filing with the Securities and Exchange Commission.

The series H notes are due Aug. 13, 2046.

E. Sun Commercial Bank, Ltd. and Cathay United Bank Co., Ltd. were the bookrunners.

Morgan Stanley plans to apply to have the notes listed on the Taipei Exchange.

The financial services company is based in New York City.

Issuer:	Morgan Stanley
Amount:	$1 billion
Description:	Global medium-term notes
Maturity:	Aug. 13, 2046
Bookrunners:	E. Sun Commercial Bank, Ltd., Cathay United Bank Co., Ltd.
Co-managers:	CTBC Bank Co., Ltd., Fubon Securities Co., Ltd., Yuanta Securities Co., Ltd.
Coupon:	4%
Price:	Par
Yield:	4%
Trade date:	July 29
Settlement date:	Aug. 12
Ratings:	Moody’s: A3
	S&P: BBB+
	Fitch: A
Distribution:	SEC registered

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