Davis Polk Advises Morgan Stanley on $2 Billion Subordinated Notes Offering

Davis Polk advised Morgan Stanley in connection with its SEC-registered global offering of $2 billion aggregate principal amount of 4.1% subordinated notes due 2023. The lead manager for the underwriters was Morgan Stanley & Co. LLC.

The Davis Polk corporate team included partners Warren Motley and Christopher S. Schell, associate Xiao Zhu and law clerk Eric D. Martin. The tax team included partners Samuel Dimon and Lucy W. Farr, associate Andrew A. Smith and law clerk Aaron M. Weil. Counsel Catherine L. Martin provided 1940 Act advice. Donald D. Miller was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.

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