Summary
Morgan Stanley Finance LLC, a subsidiary of Morgan Stanley, has approved a standardized Form of Senior Note. This standardized form will be utilized for future offerings of certain debt securities issued under an existing Senior Indenture. The Indenture, dated February 16, 2016, involves Morgan Stanley Finance LLC as the issuer, Morgan Stanley as the guarantor, and The Bank of New York Mellon as the trustee. This filing is administrative in nature and does not represent a new debt issuance or a change in Morgan Stanley's financial condition at this time. It standardizes the documentation for potential future debt offerings.
Key Highlights
- 1Morgan Stanley Finance LLC approved a standardized Form of Senior Note on October 31, 2018.
- 2This form will be used for future offerings of certain debt securities.
- 3The debt securities will be issued under the existing Senior Indenture dated February 16, 2016.
- 4Morgan Stanley acts as the guarantor for these debt securities.
- 5The Bank of New York Mellon is the trustee for the Senior Indenture.
- 6This filing standardizes documentation for potential future debt issuances.
- 7The filing is administrative and does not indicate an immediate change in financial position.
Frequently Asked Questions
The primary purpose of this filing is to announce the approval of a standardized Form of Senior Note by Morgan Stanley Finance LLC. This form will streamline and standardize the documentation for any future offerings of certain debt securities.
No, this filing does not represent a new debt issuance. It is an administrative action to approve the template form of a Senior Note that may be used for future debt offerings.
Morgan Stanley Finance LLC is a subsidiary of Morgan Stanley, acting as the issuer for certain debt securities, with the parent company, Morgan Stanley, serving as the guarantor.
The Senior Indenture is a legal agreement dated February 16, 2016, that governs the terms and conditions under which debt securities are issued. It involves Morgan Stanley Finance LLC as the issuer, Morgan Stanley as the guarantor, and The Bank of New York Mellon as the trustee.