Morgan Stanley files Certificate of Designation for new 6.500% Series P Preferred Stock

MORGAN STANLEY

Established 6.500% Non-Cumulative Preferred Stock, Series P, with $25,000 per share liquidation preference.
Certificate of Designation filed with Delaware Secretary of State on August 1, 2022; issuance expected August 2.
If full dividends on Series P are not paid, Morgan Stanley cannot pay dividends on or repurchase junior stock, including common stock.

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