Our site runs on donations to keep it running for free. Please consider donating if you enjoy your experience here!

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

Ticker: MS-I

Parent Ticker: MS

OTC Grey Market Temporary Ticker: NA

Issuance Date: 09/11/2014

1st Call Date: 10/15/2024

Maturity Date: None

Shares Issued: 40,000,000

Overallotment Shares: 6,000,000

Coupon: 6.375%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.398

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: BB+

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa3

Fitch Rating: NR

Egan-Jones Rating: NR