Morgan Stanley returns to AUD global market with 2017 launch

Morgan Stanley (A-/A2/A) launched its second Australian dollar-denominated global bond transaction in just over a year on May 2, announcing plans to place a new five-year line. In February 2011 the bank placed A$850 million (US$879.6 million) in a 2016 maturity global deal, which it followed in May the same year with the pricing of a A$500 million, three-year Kangaroo.