Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of €1.5 billion aggregate principal amount of fixed-to-floating-rate senior notes due 2024.

The Davis Polk corporate team included partner Christopher S. Schell and associates Jeremy Larkins and Jack A. Liechtung. The tax team included partners Po Sit and Rachel D. Kleinberg and associates Andrew A. Smith and Sunny Kim. Partner Gregory S. Rowland, counsel Sarah E. Kim and associate Sijia Cai provided 1940 Act advice. Members of the Davis Polk team are based in the New York and Northern California offices.