Sidley has advised the underwriters, led by Morgan Stanley & Co. LLC, in connection with Morgan Stanley’s SEC-registered global offering of $5.5 billion aggregate principal amount of senior notes. The three-tranche offering was comprised of $2 billion of 2.450% fixed rate senior notes due 2019, $500 million of floating rate senior notes due 2019 and $3 billion of 3.875% fixed rate senior notes due 2026. The transaction settled on January 27, 2016.

The multi-office Sidley team was led by partners Michael Kohler and Aryeh Zarchan, with assistance from securities associates Alex Csordas and Rachel Konne, securities partner David Howe and tax partner Nicholas Brown.