We advised MSCI on its Rule 144A / Regulation S offering of senior notes

Davis Polk advised MSCI Inc. in connection with a Rule 144A / Regulation S offering of an additional $500 million aggregate principal amount of its 3.625% senior notes due 2030. The additional notes will form a single series with the $400 million aggregate principal amount of 3.625% senior notes due 2030 that MSCI issued on March 4, 2020. The additional notes are guaranteed by certain subsidiaries of MSCI. MSCI intends to use the net proceeds from the offering, together with available cash, for the redemption of all $500.0 million aggregate principal amount outstanding of its existing 4.750% senior notes due 2026. 

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI powers better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. MSCI creates industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.

The Davis Polk capital markets team included partner Richard D. Truesdell, Jr. and associates Carrie Guo, Vivek Thanki and Samuel Kwak. The tax team included partner Patrick E. Sigmon and associate Tomislava Dragicevic. Associate Allison Gunther provided 1940 Act advice. Members of the Davis Polk team are based in the New York and London offices.

 

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