$MCO · MOODYS CORP /DE/
Moody's Corporation filed an 8-K reporting a €500,000,000 offering of 4.125% Senior Notes due 2033, closed November 12, 2026. The notes were issued under the 2010 Base Indenture as supplemented by the Twentieth Supplemental Indenture. Net proceeds are expected to fund general corporate purposes, potentially including repayment of the 1.75% Senior Notes due 2027.
- €500M aggregate principal of 4.125% Senior Notes due November 12, 2033.
- Interest payable annually each November 12, commencing November 12, 2027.
- Redeemable at make-whole or par before the August 12, 2033 Par Call Date.
- Change of Control Triggering Event requires repurchase at 101% of principal.
- Proceeds may repay the 1.75% Senior Notes due 2027.
Extended-hours last trade $491.37, down 3.00% versus the $506.56 regular close, though the move likely reflects broader market conditions rather than this routine debt issuance.
A routine refinancing that extends Moody's debt maturity profile at a fixed 4.125% coupon.
_Not applicable._
Indenture covenants limit liens, sale-leasebacks, and consolidation; a $50M+ cross-default on other indebtedness triggers an event of default.