secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001193125-22-214920
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's issues $500M of 4.250% Senior Notes, tenders for $500M 2.625% Notes due 2023
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- Issued $500M aggregate principal of 4.250% Senior Notes due August 8, 2032; use proceeds to refinance 2023 notes.
- Concurrently commenced cash tender offer for any and all $500M of 2.625% Senior Notes due January 15, 2023.
- Underwriters include BofA Securities, Citigroup Global Markets, and J.P. Morgan Securities.
- New notes are redeemable at make-whole prior to May 8, 2032, then at par; change-of-control put at 101%.
- Net proceeds plus cash on hand will fund purchase of 2023 Notes accepted in tender and redeem any remaining.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000119312522214920/0001193125-22-214920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000119312522214920/d299185d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-214920

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