NEW YORK--(BUSINESS WIRE)--
MSCI Inc. (NYSE:MSCI), a leading provider of investment decision support
tools worldwide, including indices, portfolio risk and performance
analytics and corporate governance services, announced today that it has
extended the maturity of its 5-Year First Lien Credit Facility to
December 12, 2018 from May 4, 2017. The $910MM 5-Year First Lien Credit
Facility consists of a $100MM 5-Year Revolver and a $810MM 5-Year Term
Loan A Facility. MSCI also amended the amortization schedule of required
debt payments under its senior secured 5-Year Term Loan A Facility.
"The extended facility pushes back the maturity of the Term Loan
Facility until 2018 and reduces the amount of required debt payments we
face before that date, with no change in our current interest rates,"
said Bob Qutub, MSCI's Chief Financial Officer.
Morgan Stanley MUFG Loan Partners, LLC, acting through Morgan Stanley
Senior Funding, Inc. and The Bank of Tokyo Mitsubishi UFJ, Ltd, was the
Sole Arranger and the Sole Bookrunner on the transaction.
About MSCI Inc.
MSCI Inc. is a leading provider of investment decision support tools to
investors globally, including asset managers, banks, hedge funds and
pension funds. MSCI products and services include indices, portfolio
risk and performance analytics, and governance tools.
The company's flagship product offerings are: the MSCI indices with
approximately $7.5 trillion estimated to be benchmarked to them on a
worldwide basis1; Barra multi-asset class factor models,
portfolio risk and performance analytics; RiskMetrics multi-asset class
market and credit risk analytics; IPD real estate information, indices
and analytics; MSCI ESG (environmental, social and governance) Research
screening, analysis and ratings; ISS governance research and outsourced
proxy voting and reporting services; and FEA valuation models and risk
management software for the energy and commodities markets. MSCI is
headquartered in New York, with research and commercial offices around
the world. MSCI#IR
1As of March 31, 2013, as published by eVestment,
Lipper and Bloomberg on July 31, 2013
For further information on MSCI, please visit our web site at www.msci.com
MSCI Inc.
Edings Thibault, MSCI, New York, + 1-212-804-5273
or
Media
Enquiries:
Jo Morgan, MSCI, London, + 44.20.7618.2224
Kristin
Meza, MSCI, New York, + 1-212-804-5330
Sally Todd | Christian
Pickel, MHP Communications, London, + 44.20.3128.8515
Source: MSCI
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