Morgan Stanley

Morgan Stanley Sets Reference Price for Mandatory Convertible Securities

Dec 21, 2007

New York —


Morgan Stanley (NYSE:MS) announced today that it set the reference price for its mandatory convertible securities. The mandatory convertible securities will be convertible at prices ranging from $48.0700 per share to $57.6840 per share. The shares of common stock underlying the convertible securities will not be issued until the exercise of the stock purchase contracts.

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