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LONDON - Morgan Stanley & Co (NYSE:MS). International plc has notified the market of possible stabilization actions related to a new series of securities, according to a statement released today. As the Coordinating Stabilization Manager, Morgan Stanley may engage in transactions to support the market price of the securities during the stabilization period.
The securities in question include Euro Floating Rate Senior Registered Notes due 2028, Euro Fixed/Floating Rate Senior Registered Notes due 2031, and Euro Fixed/Floating Rate Senior Registered Notes due 2036. The aggregate nominal amounts for each series of notes are yet to be confirmed, as are the offer prices.
Stabilization activities, if commenced, are expected to start today, April 15, 2025, and could continue until no later than May 22, 2025. These measures may include over-allotment of securities, which will be conducted within the parameters of applicable law.
The potential stabilization will take place on the London Stock Exchange (LON:LSEG)’s Regulated Market, with Morgan Stanley acting as the Coordinating Stabilization Manager alongside MUFG Securities EMEA plc.
It’s important to note that stabilization may not necessarily occur, and if it does begin, it can be discontinued at any time. Any such activities will be carried out in compliance with all relevant laws and rules.
The announcement and the offer of the securities are directed at persons outside the United Kingdom (TADAWUL:4280) and those within the UK who have professional experience in investment matters or are high net worth individuals, as per the Financial Services and Markets Act 2000.
This information is based on a press release statement and is intended for informational purposes only, not constituting an offer to underwrite or acquire securities in any jurisdiction.
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