Coupon will be fixed at 5.85% until 1/14/2027 at which time the coupon will float at 3 month Libor plus a spread of 3.491%.
Only redeemable on a dividend payment date.
MS-K
MS
NA
01/24/2017
04/15/2027
None
40,000,000
0
5.85%
$25.00
No
Yes
0.37
JAN, APR, JUL, OCT
15