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LONDON - Morgan Stanley B.V. announced Tuesday it will call its $2.25 million non-discretionary callable notes ahead of schedule, exercising its early redemption option.
The Netherlands-based issuer will redeem the notes in full on September 3, 2025, approximately three months before their original December 4, 2025 maturity date. Noteholders will receive the full optional redemption amount of $2.25 million.
The notes (ISIN:XS2894040745), which were originally issued on November 19, 2024, are part of Morgan Stanley’s Euroclear International Non-Discretionary Callable Note program.
According to the notice, Morgan Stanley & Co. International plc will deliver the redemption funds to Bank of New York Mellon on the redemption date for distribution to noteholders.
The early redemption is being executed in accordance with the terms and conditions established when the notes were issued, which required the company to provide at least two business days’ notice before calling the securities.
The announcement was made through a formal issuer call notice based on a press release statement from Morgan Stanley B.V.
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