Morgan Stanley Announces Redemption in Their Entirety of $862,500,000 of Outstanding Capital Securities Issued by Morgan Stan...
27 Avril 2015 - 10:05PM
Business Wire
Morgan Stanley (NYSE:MS) today announced that Morgan Stanley
Capital Trust VI will redeem all of the issued and outstanding
$862,500,000 aggregate liquidation amount of its 6.60% Capital
Securities (the “Capital Trust VI Capital Securities”) (CUSIP
617461207; NYSE: MSJ) on May 27, 2015 pursuant to the optional
redemption provisions provided in the documents governing such
Capital Trust VI Capital Securities. The redemption price will be
equal to the $25 liquidation amount per Capital Trust VI Capital
Security plus $0.119167 accumulated but unpaid distributions to but
excluding the redemption date.
Morgan Stanley also today announced that Morgan Stanley Capital
Trust VII will redeem all of the issued and outstanding
$1,100,000,000 aggregate liquidation amount of its 6.60% Capital
Securities (the “Capital Trust VII Capital Securities”) (CUSIP
61750K208; NYSE: MSZ) on May 12, 2015 pursuant to the optional
redemption provisions provided in the documents governing such
Capital Trust VII Capital Securities. The redemption price will be
equal to the $25 liquidation amount per Capital Trust VII Capital
Security plus $0.123750 accumulated but unpaid distributions to but
excluding the redemption date.
The Capital Trust VI Capital Securities and the Capital Trust
VII Capital Securities are being redeemed, along with the common
securities issued by Morgan Stanley Capital Trust VI and Morgan
Stanley Capital Trust VII and held by Morgan Stanley, as a result
of the concurrent redemption in their entirety of the junior
subordinated debentures that underlie the Capital Trust VI Capital
Securities and the Capital Trust VII Securities, respectively.
Beginning on the applicable redemption date, the Capital Trust
VI Capital Securities and the Capital Trust VII Capital Securities
will no longer be considered outstanding and distributions will
cease to accumulate on such securities.
The Bank of New York Mellon, 101 Barclay Street, New York, New
York 10286, is the paying agent for the Capital Trust VI Capital
Securities and the Capital Trust VII Capital Securities.
Morgan Stanley is a leading global financial services firm
providing a wide range of investment banking, securities, wealth
management and investment management services. With offices in more
than 43 countries, the Firm’s employees serve clients worldwide
including corporations, governments, institutions and individuals.
For further information about Morgan Stanley, please visit
www.morganstanley.com
Morgan StanleyMedia RelationsCorporate
Communications212-761-2448Investor RelationsKathleen McCabe,
212-761-4469
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