Morgan Stanley launches $3 bln, two-part note sale

NEW YORK, July 21 (BestGrowthStock) – Morgan Stanley (MS.N: ) (Read more about the money market today. ) on
Wednesday launched its $3.0 billion, two-part note sale, said
IFR, a Thomson Reuters service.

The offering includes $1.25 billion of five-year notes
expected to yield 245 basis points over comparable U.S.
Treasuries and $1.75 billion of 10-year notes expected to yield
270 basis points over U.S. Treasuries.

Morgan Stanley is the sole book manager on the sale.

Stock Today

(Reporting by Caryn Trokie)

Morgan Stanley launches $3 bln, two-part note sale