Morgan Stanley launches $2 bln 10-yr notes in reopen

May 2nd, 2008 | by admin |

NEW YORK, May 2 (Reuters) - Morgan Stanley (MS.N: Quote, Profile, Research) launched$2 billion in a reopening of an existing 10-year note issue,with pricing expected later on Friday, said InternationalFinancing Review.

The notes are expected to yield 2.40 percentage points overU.S. Treasuries, said IFR, a publication of Thomson Reuters. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

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