Morgan Stanley, a prominent financial institution from Wall Street, has decided to tap into the capital markets by launching a substantial debt offering.
The offering totals $6 billion, divided into four tranches, marking the bank’s entry into the world of corporate debt deals.
This move comes at a busy time, with several corporate debt deals taking place ahead of the Federal Reserve’s upcoming meeting on November 1st.
The notes generated significant demand, with investors showing a strong interest in the fixed-rate notes, which had price talk well above 6%.
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