MSCI Inc. Announces the Upsizing and Pricing of Secondary Offering of its Common Stock
NEW YORK, Apr 29, 2008 (BUSINESS WIRE) -- MSCI Inc. (NYSE: MXB) announced that the size of the proposed secondary offering by Morgan Stanley and The Capital Group Companies Charitable Foundation (the "Capital Foundation") had been increased from an aggregate of 20,000,000 to 27,861,235 shares of its class A common stock. MSCI Inc. also announced that the secondary offering was priced on April 28, 2008 at a public offering price of $29.00 per share. Morgan Stanley granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of MSCI Inc.'s class A common stock to cover over-allotments, if any. MSCI Inc. will not receive any of the proceeds from the sale of shares of its class A common stock.
The shares of MSCI Inc.'s class A common stock sold by Morgan Stanley and the Capital Foundation are registered pursuant to MSCI Inc.'s Registration Statement on Form S-1, which was filed with the Securities and Exchange Commission on April 11, 2008.
Morgan Stanley and UBS Investment Bank are serving as joint book-running managers for the offering. Banc of America Securities LLC, Merrill Lynch & Co., William Blair & Company, Fox-Pitt Kelton Cochran Caronia Waller and Keefe, Bruyette & Woods are acting as co-managers.
Copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained when available from:
Morgan Stanley & Co. Incorporated 180 Varick Street New York, New York 10014 Attention: Prospectus Department E-mail: prospectus@morganstanley.com UBS Investment Bank Prospectus Department 299 Park Avenue New York, NY 10171 Phone: (888) 827-7275
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any offer of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
About MSCI Inc.
MSCI Inc. is a leading provider of investment decision support tools to investment institutions worldwide. MSCI Inc. products include indices and portfolio risk and performance analytics for use in managing equity, fixed income and multi-asset class portfolios.
The company's flagship products are the MSCI International Equity Indices, which are estimated to have over US $3 trillion benchmarked to them, and the Barra risk models and portfolio analytics, which cover 56 equity and 46 fixed income markets. MSCI Inc. is headquartered in New York, with research and commercial offices around the world. Morgan Stanley, a global financial services firm, is the majority shareholder of MSCI Inc. MXB#IR
SOURCE: MSCI Inc.
MSCI Inc.: Investor Relations, + 1-866-447-7874 or Media: Abernathy MacGregor, New York Steve Bruce/Pen Pendleton/Ann Taylor Reed + 1-212-371-5999 or Penrose Financial, London Sally Todd/Clare Milton, + 44-20-7786-4888
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