Morgan Stanley & Co., International plc, a Class (5) associate connected with HKBN Ltd., disclosed several transactions involving derivatives related to commercial paper. These unsolicited client facilitation transactions included sales with maturity dates ranging from January 2026 to July 2028, and purchases with maturity dates between November 2025 and November 2026. The dealings were made for the firm's own account as part of a possible voluntary general offer.
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