Published on 12/6/2004 in the Prospect News Convertibles Daily.
New Issue: Morgan Stanley prices $10 million 0.5% notes exchangeable for Avid
New York, Dec. 6 - Morgan Stanley priced $10 million of seven-year 0.5% notes exchangeable for the common stock of Avid Technology Inc., according to a 424B3 filing with the Securities and Exchange Commission.
Issuer: | Morgan Stanley
|
Issue: | Exchangeable senior medium-term notes
|
Underlying stock: | Avid Technology Inc.
|
Amount: | $10 million
|
Maturity: | Dec. 30, 2011
|
Coupon: | 0.5%
|
Price: | Par
|
Exchange ratio: | 13.19723, in cash or stock at Morgan Stanley's option
|
Call: | Dec. 15, 2006 at par, automatic exchange if more valuable
|
Pricing date: | Dec. 1
|
Settlement date: | Dec. 6
|
Underwriter: | Morgan Stanley
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.