C.L. King Co-Manages $1 Billion Morgan Stanley Preferred Stock Offering

C.L. King acted as Co-Manager for Morgan Stanley in its $1B 6.5% Perpetual Non-Cumulative Preferred Stock, Series P, offering of 40,000,000 depositary shares with an offering price of $25 per share.

The issue is rated Baa3/BBB-/BBB-.