secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0000950157-22-000210
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 1.02, 2.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet completes $1.925B acquisition of CUSIP Global Services from S&P Global
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- Acquired CUSIP Global Services for $1.925B in cash; financed with $1B in new senior notes and $1.25B drawn from new credit facilities.
- Issued $500M of 2.90% senior notes due 2027 and $500M of 3.45% senior notes due 2032; entered into $1B term loan and $500M revolving credit facility.
- Used proceeds to fund acquisition, repay prior revolving facility, and pay transaction fees; prior 2019 credit agreement terminated.
- CGS will operate within FactSet's Content and Technology Solutions segment; updated FY 2022 guidance expected on March 24, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000095015722000210/0000950157-22-000210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000095015722000210/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-22-000210

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