Morgan Stanley calls $25.49 million contingent notes on Transocean

By Marisa Wong

Madison, Wis., March 9 - Morgan Stanley said it will redeem its $25,487,590 of outstanding contingent income autocallable securities due Dec. 12, 2012 linked to the shares of Transocean Ltd. in full on March 12.

The securities (Cusip: 61760T264) will be redeemed at par of $10 plus a contingent quarterly payment of $0.435.

© 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.