Morgan Stanley Capital Trust V, 5 3/4% Capital Securities
MWO
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- IPO Date
- Jul 14, 2003
- CIK
- 0000895421
- Similar Companies
- Business
- Morgan Stanley Capital Trust V (NYSE: MWO) operates as a special purpose statutory trust established by Morgan Stanley to issue and hold junior subordinated debentures, primarily through its 5 3/4% Capital Securities, which provide fixed-rate distributions to investors backed by Morgan Stanley's guarantee. The trust's core offerings consist of these capital securities with a liquidation preference of $25 per security, designed to enhance Morgan Stanley's capital structure while distributing quarterly payments derived from the underlying debentures; it does not engage in active investment management, wealth management, trading, or other financial services beyond holding the specified subordinated debt. Geographically, the trust functions under U.S. jurisdiction, affiliated with parent company Morgan Stanley, headquartered at 1585 Broadway, New York, New York. Formed prior to 2007 as part of Morgan Stanley's series of capital trusts (including Trusts III through VIII), it targets institutional and retail investors seeking hybrid capital instruments with perpetual terms subject to optional redemption. The trust's business segment aligns with the financial services industry, specifically within structured finance and regulatory capital vehicles supporting Morgan Stanley's global investment banking, wealth management, and institutional securities operations. In a major operational change, Morgan Stanley announced in June 2016 the full redemption of the trust's $500 million aggregate liquidation amount of 5 3/4% Capital Securities (CUSIP: 617466206), effective August 18, 2016, pursuant to optional redemption provisions, alongside concurrent redemption of the underlying junior subordinated debentures; post-redemption, the securities ceased accumulating distributions and were delisted from trading as outstanding obligations. No subsequent issuances, new securities, acquisitions, partnerships, funding rounds, or product launches by the trust have been reported in the last 1-2 years, with recent Morgan Stanley activities focusing on parent-level strategic moves such as private equity investments by affiliates like Morgan Stanley Capital Partners and regulatory capital adjustments. The trust remains an affiliate of Morgan Stanley without independent subsidiaries or active operations following the redemption.