debt
confidence high
sentiment neutral
materiality 0.45
Moody's upsizes tender offer, accepts $200M of 2.550% notes due 2060 at $628.52 per $1,000
MOODYS CORP /DE/
- $644.7M (33.93%) of $1.9B in notes validly tendered by early deadline Dec 13.
- Moody's increased max purchase amount to accept all Priority Level 1 notes ($200.3M tendered).
- Total Consideration for Priority 1 notes set at $628.52 per $1,000 principal (incl. $50 early payment).
- Notes with Priority Levels 2-4 not accepted; early settlement on Dec 15, 2022.