Practice Areas -

Debt Capital Markets Law Firms and Lawyers

  • Search Result as
  • By Days
  • Between Dates

Practice Areas - Debt Capital Markets Law Firms and Lawyers

Deal Date: 21-10-2020 Practice Area: Debt Capital Markets
Deal Title: Morgan Stanley Inaugural Offering of Social Bonds due 2025 Industry: Banks
Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of USD1 billion aggregate principal amount of fixed-to-floating-rate senior notes due 2025. During the floating interest rate period, the notes bear interest by reference to the secured overnight financing rate, compounded daily over each quarterly interest payment period. As set forth in the prospectus, Morgan Stanley expected that its consolidated subsidiaries would allocate funds in aggregate amounts equal to the net proceeds of this offering to its past, ongoing and/or future affordable housing projects. This was Morgan Stanley's inaugural offering of social bonds.
Financial Center: New York Value: 500.01-1000.00
Advised Party: Issuer Law Firm
Issuer United States Issuer 2 United States
Classification: Green Bonds and Loans Social Bonds
Lawyer Christopher S Schell