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Stock impact report

MSCI Completes Private Offering of $400 Million 3.625% Senior Unsecured Notes Due 2030

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that it has successfully completed its private offering of $400.0 million aggregate amount of its 3.625% senior unsecured notes (the “Notes”) due 2030 (the “Offering”). The Notes will mature on September 1, 2030.MSCI intends to use the net proceeds from the Offering to redeem the $300.0 million aggregate principal amount that remains outstanding on its 5.250% senior unsecured notes due 2024 (the “2024 Notes”) pursuant to the indenture governing the 2024 Notes (the “Redemption”), including related redemption costs, and for general corporate purposes, including, without limitation, potential repurchases of its common stock, investments and acquisitions. This press release does not constitute a notice of redemption with respect to the 2024 Notes.Certain costs related to the Redemption will be excluded from the calcu Show less Read more
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