---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-362355"
form_type: "8-K"
ticker: "MCO"
cik: "0001059556"
company_name: "MOODYS CORP /DE/"
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:33:47.807512+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Moody's enters $1.25B revolving credit facility, replacing $1B line

## Summary
- New $1.25B senior unsecured revolving credit facility matures December 2026.
- Interest based on Term SOFR plus 80.5–122.5 bps spread, with ESG-based pricing adjustments.
- Quarterly facility fees range from 7 to 15 bps of the commitment, depending on credit ratings.
- Financial covenant requires Total Debt/EBITDA ratio ≤ 4.0x (4.5x post-acquisition for up to 3 quarters).
- Facility replaces existing $1B credit agreement that was due November 2023.

## SEC filing metadata
- accession: 0001193125-21-362355
- form_type: 8-K
- ticker: MCO
- cik: 0001059556
- company_name: MOODYS CORP /DE/
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059556/000119312521362355/0001193125-21-362355-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059556/000119312521362355/d206340d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-362355
- JSON: https://secwatch.observer/filing/0001193125-21-362355.json
- Plain text: https://secwatch.observer/filing/0001193125-21-362355.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.