Morgan Stanley expands long-term debt issuance

Morgan Stanley increased its outstanding long-term debt in the year to March 31 as part of a strategy to simplify its balance sheet and prepare for incoming regulation.

Outstanding long-term debt increased 12%, from $172.7 billion to $193.7 billion. In an update to fixed income investors last November, the bank said increased issuances were intended to “enhance balance sheet durability and flexibility”.

The larger debt pile also places Morgan Stanley in a strong position to satisfy total loss

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: