Morgan Stanley issues new bonds after strong earnings report; JPMorgan plans to raise at least $7 billion through a bond offering

A source revealed that the company is marketing notes in as many as four tranches, with maturities ranging from 4 to 11 years. The tranche with the longest maturity is planned to be issued at a spread of about 125 basis points over US Treasury bonds. The funds raised this time will be used for general corporate purposes. Since the beginning of 2025, each of the four bond issuances conducted by Morgan Stanley after its earnings reports has been split into four tranches, raising $8 billion each time.