debt
confidence high
sentiment neutral
materiality 0.40
Moody's commences $100M cash tender offer for four series of senior notes
MOODYS CORP /DE/
- Offer covers 2.550% notes due 2060, 3.100% due 2061, 2.750% due 2041, 3.250% due 2050.
- Maximum purchase amount $100M; early tender payment $50 per $1,000 principal.
- Early tender deadline Dec 13, 2022; expiration Dec 28, 2022; settlement Dec 15 and Dec 30.
- Citigroup Global Markets is sole dealer manager; GBSC is depositary and information agent.
- Tender subject to acceptance priority levels, proration and other conditions in offer to purchase.