Credit Ratings

Morgan Stanley

  Short-Term Debt Long-Term Debt Rating Outlook
Dominion Bond
Rating Service Limited
R-1
(middle)
A
(high)
Negative
Fitch Ratings F1 A Stable
Moody's Investors Service P-2 Baa1 Negative
Rating & Investment
Information, Inc.
a-1 A Negative
Standard & Poor's A-2 A- Negative
       

Morgan Stanley Bank, N.A.

  Short-Term Debt Long-Term Debt Rating Outlook
Fitch Ratings F1 A Stable
Moody's Investors Service P-2 A3 Stable
Standard & Poor's A-1 A Negative
       

Morgan Stanley & LLC

  Short-Term Debt Long-Term Debt Rating Outlook
Standard & Poor's A-1 A Negative