MS-I Morgan Stanley ADRs of Preferred Series I Fixed to Floating Non-Cumulative

Dividends will be payable from the date of original issue on a non-cumulative basis, quarterly in arrears on the 15th day of January, April, July and October of each year, commencing on January 15, 2015. Any such dividends will be payable at a fixed rate per annum equal to 6.375% from the original issue date to, but excluding, October 15, 2024 and thereafter at a floating rate per annum equal to the three-month U.S. dollar LIBOR on the related dividend determination date plus 3.708%. We may, at our option, redeem the shares of Series I Preferred Stock (i) in whole or in part, from time to time, on any dividend payment date on or after October 15, 2024 at a redemption price of $25,000 per share (equivalent to $25 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends.   This security was issued by Morgan Stanley, whose common stock symbol is MS.

$28.61  +0.10 (0.35%)
As of 10/27/2021 14:56:38 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Capital Markets
Index country:  USA
Country of incorporation:  USA
IPO date:  09/15/2014
Outstanding shares:  40,000,000
Average volume:  54,696
Market cap:   $1,142,800,000
Current dividend yield:  5.58%    calculation
Initial coupon rate:    6.375%
Spread to LIBOR: 0.037080
Cumulative:    No
Liquidation value:   $25.00
Callable after:   10/15/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    61761J406
ISIN:        US61761J4067
Sedol:      BQT2G00

2021 © Stock Market MBA, Inc. Terms of use | Privacy policy