Coupon is fixed at 8.50% until 12/15/2021. After this date the rate will float at a rate of 3 month Libor plus a spread of 6.766%.
Type: Floating Rate
Morgan Stanley, 7.125% Fixed-to-Floating Non-Cumululative Preferred Stock Series E
Coupon will be fixed at 7.125% until 10/15/2023 at which time the coupon will float at 3 month Libor plus a spread of 4.32%.
Only redeemable on a dividend payment date
This WILL NOT transition to SOFR. Rate will be fixed at 7.125%
Morgan Stanley, 6.875% Fixed to Floating Non-Cumulative Preferred Stock Series F
Coupon is fixed at 6.875% until 1/14/2024 and there after will float at a rate of 3 month Libor plus a spread of 3.94%.
Only redeemable on a dividend payment date
Morgan Stanley, 6.375% Fixed-to-Floating Non-Cumulative Preferred Stock Series I
Coupon is fixed until 10/15/2024 at 6.375% and thereafter floats at a rate of 3 month Libor plus a spread of 3.708%.
Only redeemable on a dividend payment date
Morgan Stanley Floating Rate Non-Cumulative Preferred Stock, Series A
Coupon will float at the greater of 3 month Libor plus a spread of .70% or 4%