Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of €2.25 billion aggregate principal amount of senior notes, consisting of €1.25 billion floating-rate notes due 2019 and €1 billion 1.00% fixed-rate notes due 2022. The lead manager for the underwriters was Morgan Stanley & Co. International plc.
The Davis Polk corporate team included partner Christopher S. Schell and counsel Michael Steinberg. The tax team included partner Po Sit and associates Andrew A. Smith and Mahalia S. Burford. 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.