Morgan Stanley Related Content

AerCap Prices $1B Aggregate Principal Amount of Senior Notes

AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, which are each wholly-owned subsidiaries of AerCap, priced their offering of senior notes, consisting of $1 billion aggregate principal amount of 1.75% senior notes due 2026. read more

Former U.S. Congressman Ford Jr. Joins PNC Corporate and Institutional Banking

Harold Ford Jr. assumed the role of vice chairman of corporate and institutional banking (C&IB), reporting to Michael Lyons, head of C&IB, at PNC Financial Services Group. Ford has more than 25 years of political and financial experience, serving in Congress from 1997 through 2007. read more

First Citizens and CIT to Merge

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

CNH Industrial Capital Closes $500MM Notes Offering

CNH Industrial’s wholly owned subsidiary, CNH Industrial Capital, completed its previously announced offering of $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. read more

CNH Industrial Capital Prices $500MM Notes

CNH Industrial’s wholly owned subsidiary, CNH Industrial Capital, priced $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. read more

Reuters: Air Medical Borrows $2.2B for AMR Acquisition

Reuters reported that Air Medical Group, a U.S. medical helicopter operator and KKR portfolio company, plans to take on $2.185 billion of additional debt to complete its purchase of American Medical Response. read more

Economic Forecasts No Longer Considering Trump’s Infrastructure Plans

Bloomberg reported that despite increased fanfare surrounding President Donald Trump’s infrastructure proposal, economists are not expecting any real boost from that sector for the next couple of years. read more

Reuters: Morgan Stanley Expects U.S. Rate Hike in March

Reuters reported that economists from Morgan Stanley are predicting a U.S. interest rate hike of a quarter point in the next two weeks. read more

Avolon Adds Five Banks to Support CIT Aircraft Leasing Buy

Avolon placed $2.975 billion with five banks: Barclays, JPMorgan Chase, BNP Paribas, Credit Agricole and SunTrust Bank to support its purcahse of CIT's commercial aircraft leasing business. read more

WSJ: Big Banks Lose Nearly Half a Trillion Dollars in 2016

The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more

Uber Enters Leveraged-Loan Market with Help of Citi, Others

The Wall Street Journal said that on-demand driving service Uber will access the leveraged-loan market in the hopes of raising up to $2 billion. read more

GE Sells Japanese Commercial Leasing Business to Sumitomo Mitsui

GE signed an agreement to sell its commercial lending and leasing business in Japan, including Capital Finance, Fleet Service and Vendor Finance, to Sumitomo Mitsui Finance and Leasing. read more


Bloomberg: S&P Cuts Ratings on Eight Large Banks

Bloomberg reported that JPMorgan Chase, Bank of America and Wells Fargo are among eight large U.S. banks that had credit grades cut one level by Standard & Poor’s on the prospect that the U.S. government is less likely to provide aid in a crisis. read more

XPO Logistics Closes Deal to Acquire Con-Way

XPO Logistics announced it has closed its previously announced agreement to acquire Con-Way in a deal valued at $3 billion. The transaction makes XPO the second largest LTL provider in North America. read more

Bloomberg: GE Said to Pick Banks for Australian Credit Unit Sale

Bloomberg reported that GE is working with Morgan Stanley and Credit Suisse to study sale options for its consumer finance business in Australia and New Zealand. read more

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