Morgan Stanley Sells $1B Senior Bonds

New York–based lender Morgan Stanley has raised $1 billion through a sale of senior unsecured notes.

New York–based lender Morgan Stanley has raised $1 billion through a sale of senior unsecured notes, Reuters reports. The offering has been added to an existing 10-year issue.

The senior unsecured notes, carrying a coupon rate of 5.5 percent, will mature on July 28, 2021. Morgan Stanley was the sole book runner on the transaction.

Click here for the story from Reuters.