MSCI Completes Private Offering of $500 Million Notes

5/20/18

NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI) (“MSCI”), a leading provider of indexes and portfolio construction and risk management tools and services for global investors, announced today that it has successfully completed its private offering of $500.0 million aggregate amount of its 5.375% senior notes (the “notes”) due 2027 (the “Offering”). The notes will mature on May 15, 2027.

MSCI intends to use the net proceeds from the Offering for general corporate purposes, including, without limitation, buybacks of its common stock and potential acquisitions.

MSCI also announced that it entered into Amendment No. 2 (the "Amendment") to its Revolving Credit Agreement, dated as of November 20, 2014 (as amended, the “Revolving Credit Facility”), to, among other things, (i) increase aggregate commitments available to be borrowed by $30.0 million, to an aggregate of $250.0 million of availability thereunder, (ii) extend the term to May 2023 and (iii) decrease the applicable rate and applicable fee rate for loans and commitments under the Revolving Credit Facility.

About MSCI

For more than 45 years, MSCI's research-based indexes and analytics have helped the world’s leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.

Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research.

MSCI serves 99 of the top 100 largest money managers, according to the most recent P&I ranking.

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