Davis Polk Advises Morgan Stanley on Its $1.25 Billion Senior Notes Reopening
Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of $1.25 billion aggregate principal amount of floating-rate senior notes due 2022. The notes will be consolidated and form a single series with the floating-rate senior notes issued by Morgan Stanley on January 20, 2017. The lead manager for the underwriters was Morgan Stanley & Co. LLC.
The Davis Polk corporate team included partner Christopher S. Schell and counsel Michael Steinberg. The tax team included partner Po Sit and associate Andrew A. Smith. Partner Gregory S. Rowland, counsel Sarah E. Kim and associate Colleen Blanco provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.