MOODYS CORPORATION (NYSE:MCO) Files An 8-K Other Events
Item8.01, Other Events
On February27, 2017, Moodys Corporation (the Company) entered
into an underwriting agreement by and among the Company and
Barclays Capital Inc., J.P.Morgan Securities LLC and Merrill
Lynch, Pierce, Fenner Smith Incorporated, as representatives of
the several underwriters named therein (the Underwriting
Agreement), with respect to the issuance and sale of $500 million
aggregate principal amount of the Companys 2.75% Senior Notes due
2021 and $300 million aggregate principal amount of the Companys
Floating Rate Notes due 2018 (collectively, the notes). The notes
were registered under the Companys Registration Statement on
FormS-3 (Registration No.333-216211) (the Registration Statement)
filed with the Securities and Exchange Commission (the
Commission) on February24, 2017.
The above description of the Underwriting Agreement is a summary
only and is qualified in its entirety by reference to the
Underwriting Agreement which is attached as Exhibit1.1 to this
Current Report on Form8-K.
On February28, 2017, the Company issued a press release
announcing that it priced the offering of the notes. A copy of
the press release is attached as Exhibit99.1 hereto and
incorporated herein by reference.
Item9.01, Financial Statements and Exhibits
| (d) | Exhibits |
| 1.1 |
Underwriting Agreement, dated February27, 2017, by and among Moodys Corporation and Barclays Capital Inc., J.P.Morgan Securities LLC and Merrill Lynch, Pierce, Fenner Smith Incorporated, as representatives of the several underwriters named therein. |
|
| 99.1 | Press release of Moodys Corporation dated February 28, 2017. |
About MOODY’S CORPORATION (NYSE:MCO)
Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers. It operates in two segments: Moody’s Investors Service (MIS) and Moody’s Analytics (MA). The MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world. It consists of approximately five lines of business, which include corporate finance group (CFG); structured finance group (SFG); financial institutions group (FIG); Public, project and infrastructure finance (PPIF), and MIS Other. The MA segment consists of approximately three lines of business, which include enterprise risk solutions (ERS) and professional service (PS). MOODY’S CORPORATION (NYSE:MCO) Recent Trading Information
MOODY’S CORPORATION (NYSE:MCO) closed its last trading session down -0.68 at 111.37 with 1,387,398 shares trading hands.