Morgan Stanley Calls for Redemption of 8.03% Capital Units.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Morgan Stanley (NYSE NYSE See: New York Stock Exchange : MS) and Morgan Stanley Finance plc announced today that they have called for redemption on February 28, 2007 all of their outstanding 8.03% Capital Units (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. 616906AG8; NYSE symbol MSIL (MicroSoft Intermediate Language) See CLI. 17). The 8.03% Capital Units consist of $65,810,000 aggregate outstanding principal amount of 8.03% Subordinated Debentures due February 28, 2017 of Morgan Stanley Finance plc, and 65,810 related purchase contracts of Morgan Stanley. The 8.03% Subordinated Debentures are guaranteed by Morgan Stanley. The redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. for the 8.03% Capital Units will be $1,026.77 for each $1,000.00 principal amount of the Subordinated Debentures and $1.00 for each Purchase Contract. Interest on the debentures will be paid in the normal manner on the February 28 interest payment date to holders of record as of February 13 and will not be included in the redemption price. Notices of redemption will be delivered to holders of record as of January 25, 2007. The Redemption Agent is The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , 4 New York Plaza, 15th Floor, New York, NY 10004. Holders of the Capital Units may contact the Redemption Agent at (800) 254-2826. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, wealth management and credit services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 30 countries. For further information about Morgan Stanley, please visit www.morganstanley.com. |
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