Morgan Stanley to Raise $8 Billion Through Bond Sale

Reported 12 days ago

Morgan Stanley has successfully priced an $8 billion investment-grade bond sale, which marks the third major bond deal completed by a Wall Street firm within the week after quarterly results were released. The offering includes an 11-year bond with yields slightly modified from initial projections. The funds raised will be utilized for general corporate purposes, reflecting continued strong demand for investment-grade bonds despite ongoing concerns about regional lenders.

Source: YAHOO

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