Morgan Stanley dives into euros for €2.75bn after results
A day after announcing results, Morgan Stanley came to the euro market on Wednesday with two tranches of senior debt bringing the bank’s total issuance in the currency so far this year to €6.25bn.
The lender was offering a four year non-call three floating rate deal, and a nine year non-call eight fixed to floating deal.
Final terms for the four year non-call three deal were set at 38bp over three month Euribor with a size of €1.75bn, after initial price thoughts
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