LONDON - Morgan Stanley (NYSE:MS) B.V. has initiated a partial cancellation of bonds across various issues, as detailed in a recent notice. The cancellations are scheduled to settle on Thursday, impacting the outstanding amounts of several securities.
The notice specified the unwind amounts for each ISIN/CUSIP, which ranged from $40,000.00 to $204,000.00, with the subsequent outstanding amounts post-cancellation varying from $100,000.00 to $1,557,000.00. The bonds affected by these partial cancellations are due for settlement on February 13, 2025.
This move will see the reduction of Morgan Stanley B.V.’s outstanding debt across multiple bond issues, as indicated by the unwind amounts listed in the notice. The exact reasons for the partial cancellations were not disclosed in the announcement.
The cancellation affects a series of bonds with ISINs such as XS2893654439, XS2877234075, and XS2877584305, among others, with each experiencing a decrease in their outstanding amounts.
Investors and stakeholders are advised to take note of these changes, as they may influence the value and liquidity of the remaining outstanding bonds. The notice encourages those with inquiries to reach out for further information, ensuring clarity and support for affected parties.
This announcement is based on a press release statement and reflects only the factual elements of the event without any additional commentary or speculation.
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