secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001193125-22-209577
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's launches cash tender offer for $500M 2.625% notes due 2023
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- Tender offer for any and all $500M of 2.625% senior notes due 2023; expires Aug 8, 2022.
- Consideration based on fixed spread of +15 bps over 1.5% US Treasury due Jan 15, 2023.
- Offer conditioned on completion of a new senior note offering generating sufficient proceeds.
- Citigroup acts as sole dealer manager; Global Bondholder Services Corp. as info agent.
- Moody's expects to redeem any remaining 2023 notes after tender if conditions met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000119312522209577/0001193125-22-209577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000119312522209577/d360009d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-209577

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