Morgan Stanley has raised $4.5 billion in a sale of senior unsecured bond, The Wall Street Journal reports. The New York-based bank issued $2 billion of two-year floating-rate notes and $2.5 billion of five-year, fixed-rate securities.
Morgan Stanley served as the sole lead manager on the transaction. The firm’s last debt offering in U.S. dollars was March 22 and consisted of $100 million of floating-rate bonds due in January 2014.
Click here for the story from The Wall Street Journal.
Click here for additional coverage from Bloomberg.