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Article: Morgan Stanley offers U.S.$200 million floating rate notes in the Euromarket.
- Article from:
- PR Newswire
- Article date:
- July 22, 1986
CopyrightCOPYRIGHT 1986 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, June 11 /PRNewswire/ -- Morgan Stanley Group Inc. announced an offering in the Euromarket of U.S.$200 million floating rate notes due 1993.
The notes are being offered outside the United States through an international syndicate led by Morgan Stanley International. The notes have not been registered under the Securities Act of 1933 and will not be offered or sold in the United States or to U.S. persons.
The net proceeds to Morgan Stanley from the sale of the notes will be used to finance, and to support the financing of, the growth of its worldwide businesses and to prepay certain borrowings. Initially, it may use a portion of the proceeds ...