Morgan Stanley files bond offering in latest Wall Street name to raise capital

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Morgan Stanley files bond offering in latest Wall Street name to raise capital
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Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.

Morgan Stanley is expected to price at least $2 billion in bonds in four tranches on Monday, according to a market source, in the latest bank to wade into the capital markets.

Morgan Stanley MS, +0.22% is offering three-year fixed rate notes, with an expected rating of Aa3/A+/AA- with a minimum investment of $250,000 backed by the bank’s parent company, also known as bank notes.

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