NEW YORK--(BUSINESS WIRE)--
MSCI Inc. (NYSE:MSCI) announced today that it priced a private offering
of $500 million aggregate amount of 4.750% senior notes due 2026 at an
issue price of 100% to yield 4.750% (the "Offering"). The size of the
Offering reflects an increase of $100 million from the previously
announced Offering size. The Offering is expected to settle on August 4,
2016, subject to customary closing conditions. MSCI intends to use the
net proceeds from the Offering for general corporate purposes,
including, without limitation, buybacks of its common stock and
potential acquisitions.
The notes are being offered only to qualified institutional buyers in
reliance on Rule 144A under the Securities Act and outside the United
States only to non-U.S. investors pursuant to Regulation S. The notes
have not been registered under the Securities Act and may not be offered
or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act. This
press release does not constitute an offer to sell or the solicitation
of an offer to buy the notes, nor shall it constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful.
About MSCI
For more than 40 years, MSCI's research-based indexes and analytics have
helped the world's leading investors build and manage better portfolios.
Clients rely on our offerings for deeper insights into the drivers of
performance and risk in their portfolios, broad asset class coverage and
innovative research. Our line of products and services includes indexes,
analytical models, data, real estate benchmarks and ESG research. MSCI
serves 97 of the top 100 largest money managers, according to the most
recent P&I ranking. MSCI#IR
Forward-Looking Statements
This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements relate to future events or to future financial performance
and involve known and unknown risks, uncertainties and other factors
that may cause our actual results, levels of activity, performance or
achievements to be materially different from any future results, levels
of activity, performance or achievements expressed or implied by these
forward looking statements. In some cases, you can identify
forward-looking statements by the use of words such as "may," "could,"
"expect," "intend," "plan," "seek," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," or the negative of these terms or
other comparable terminology. You should not place undue reliance on
forward-looking statements because they involve known and unknown risks,
uncertainties and other factors that are, in some cases, beyond our
control and that could materially affect our actual results, levels of
activity, performance or achievements.
Other factors that could materially affect actual results, levels of
activity, performance or achievements can be found in MSCI's Annual
Report on Form 10-K for the fiscal year ended December 31, 2015 filed
with the Securities and Exchange Commission ("SEC") on February 26, 2016
and in quarterly reports on Form 10-Q and current reports on Form 8-K
filed or furnished with the SEC, and may also include the risks and
uncertainties associated with a failure to consummate or a delay in the
consummation of the proposed transaction, including as a result of a
failure to satisfy the conditions to closing in a timely manner or at
all. If any of these risks or uncertainties materialize, or if our
underlying assumptions prove to be incorrect, actual results may vary
significantly from what MSCI projected. Any forward-looking statement in
this press release reflects MSCI's current views with respect to future
events and is subject to these and other risks, uncertainties and
assumptions relating to MSCI's operations, results of operations, growth
strategy and liquidity. MSCI assumes no obligation to publicly update or
revise these forward-looking statements for any reason, whether as a
result of new information, future events, or otherwise, except as
required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160801006361/en/
MSCI Inc.
New York
Stephen Davidson, +
1-212-981-1090
or
Media Inquiries:
New York
Kristin
Meza,+ 1-212-804-5330
or
London
MHP Communications
Sally
Todd | Christian Pickel, + 44.20.3128.8754
Source: MSCI Inc.
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