Morgan Stanley 6.375% Fixed to Floating Rate Non-cumulative Preferred Stock, Series I
By: Tim McPartland,
Date Issued 9/11/2014
Shares Issued 40,000,000 Overallotment Shares 6,000,000
S&P Rating BB+ Moodys Rating Ba3
Security Ticker Symbol MS-I OTC Temp Ticker MSQVP
Market Traded ON NYSE
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Dividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2015
Quarterly Dividend .398 Annual Dividend 1.5938
Floating rate starting 10/15/2024 is 3 month libor plus 3.708%.
Securities may be redeemed, at the issuers option, as early as 10/15/2024 for a redemption price of $25/share plus accrued dividends
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Morgan Stanley
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