EFTA02388944.pdf

From: Richard Kahn Sent: Wednesday, April 19, 2017 4:22 PM To: Jeffrey E. Subject: Fwd: " 1' NEW ISSUE CORPORATE: MORGAN STANLEY ( MS ) *** if you are interested current rate of 3 month libor (1.16) + =30 = 2.46% please advise thank you Richard =ahn HBRK Associates Inc. Begin forwarded message: From: =/b>"Barrett, Paul 5" Subject: =/b>RE: "' NEW ISSUE =ORPORATE: MORGAN STANLEY ( MS ) ' •* Date: =/b>April 19, 2017 at 12:02:05 PM =DT To: =/b>Richard Kah I think it's fine...nothi=g very exciting. Part of their TIAC program. Makes sense for a smallish =verall allocation to floating rate securities. Paul Barrett I Managing Director I Global Investment =pportunities Group EFTA_R1_01411694 EFTA02388944  NOT AN OFFICIAL CONFIRMATION: For informational purposes only. This report does not =epresent an official account of the holdings, balances, or transactions =ade in your account and is being provided at your request. Please =efer to your monthly account statement for the official record of all of your account activities. For question, please =all your J.P. Morgan representative. In discussion of options and other strategies, =esults and risks are based solely on hypothetical examples cited; =ctual results and risks will vary depending on specific circumstances. Investors are urged to consider carefully whether option or =ption-related products in general, as well as the products or =trategies discussed herein are suitable to their needs. In actual =ransactions, the client's counterparty for OTC derivatives =pplications is JPMorgan Chase Bank, N.A., and affiliates. For a copy of the =E2 Characteristics and Risks of Standardized Options" =ooklet, please contact your JPMorgan Advisor. For clients =omiciled in Australia, J.P. Morgan Chase Bank, N.A. (ABN 43 074 112 =11) holds an Australian Financial Services Licence No. 238367. It =s subject to the supervision of the Australian Prudential Regulation Authority and the Australian Securities and =nvestments Commission. J.P. Morgan Securities LLC is a U.S. registered =roker-dealer incorporated in Delaware, U.S.A. (ABRN #109293610) This =mail is confidential and subject to important disclaimers and =onditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, =onfidentiality, legal privilege, and legal entity disclaimers, =vailable at http://www.jpmorgan.com/pages/disclosures/email. From: Richard Kahn Sent: Wednesday, A To: Barrett, Paul S Subject: Fwd: *** NEW ISSUE CORPORATE: MORGAN STANLEY = MS ) 41° nice seeing you yesterday any thoughts? Richard=Kahn EFTA_R1_01411695 EFTA02388945 Begin forwarded message: From: "Atlas, Andrew S" Subject """ NEW ISSUE CORPORATE: MORGAN STANLEY ( MS ) Date: April 19, 2017 at 10:39:49 AM EDT To: "Richard Kahn Hey Rich, Morgan Stanley is also pricing a MS new issue 7yr =loater today. Initial price talk is 3 =onth LIBOR + 130bps. Comparable issues trade at 3 Month LIBOR + 110bps. =o:p class=""> Issuer/Ticker Morgan =tanley ( MS ) Issuer =atings Moody's: A3/Stable/ S&P: BBB+/Stable/ Fitch: A/Stable/ Format SEC Registered Ranking = Sr Unsecured Note 3 EFTA_R1_01411696 EFTA02388946  Total =ize &nbs=; Benchmark Tenor 7 Year Coupon =ype Floating Tranche =urrency =USD Optional =edemption The Issuer may, at its option, redeem the =otes, in whole but not in part, on May 08, 2023 Maturity =ate May 08, 2024 Use of Proceeds =nbsp; &nrsp; General Corporate Purposes Denominations 1,000 x 1,000 Timing Today's =usiness Let me know if you have any =uestions. Thanks again, Andrew Andrew S. Atlas First Vice President Equity Sales/Middle Markets Group Financial Advisor Morgan Stanley Wealth Management 4 EFTA_R1_01411697 EFTA02388947  NOTICE: Morgan Stanley is not acting as a =unicipal advisor and the opinions or views contained herein are not =ntended to be, and do not constitute, advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer =rotection Act. If you have received this communication in error, please =estroy all electronic and paper copies and notify the sender =mmediately. Mistransmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent =ermitted under applicable law, to monitor electronic communications. =his message is subject to terms available at the following link: http://www.morganstanley.com/disclaimers If you =annot access these links, please notify us by reply message and we will =end the contents to you. By communicating with Morgan Stanley you =onsent to the foregoing and to the voice recording of conversations with personnel of =organ Stanley. This message is confidential and subject to terms =t: http://www.jpmorgan.com/emaildisclaimer <http://www.jpmorgan.com/emaildisclaimer> including on =onfidentiality, legal privilege, viruses and monitoring of electronic =essages. If you are not the intended recipient, please delete this =essage and notify the sender immediately. Any unauthorized use is =trictly prohibited. 5 EFTA_R1_01411698 EFTA02388948