debt
confidence high
sentiment neutral
materiality 0.60
MSCI upsizes revolving credit facility to $1.60B and extends maturity to 2030
MSCI Inc.
- Aggregate revolving commitments increased from $1.25B to $1.60B; maturity extended to August 20, 2030.
- Proceeds from August 2025 senior notes offering fully repaid existing borrowings; no loans outstanding at effectiveness.
- Interest coverage covenant modified to test only when below investment-grade ratings from at least two of Moody's, S&P, Fitch.
- 0.10% Term SOFR adjustment eliminated; pricing and leverage ratio (max 4.25:1.00) otherwise unchanged.
- Revolving loans to be used for general corporate purposes including acquisitions and working capital.
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