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Morgan Stanley calls $1.25 million notes on six-month Libor, S&P 500
By Marisa Wong
Madison, Wis., Feb. 14 - Morgan Stanley gave notice that it will redeem all $1.25 million of its outstanding six-month Libor and S&P 500 index range accrual notes due Feb. 27, 2024.
The notes (Cusip: 617482EF7) will be redeemed on Feb. 27 at par plus accrued interest. The floating-rate notes currently bear interest at 12%.
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