MSCI Announces Upgrade to ‘Baa3’ Investment Grade Rating from Moody’s Ratings
May 13 2024 - 9:00AM
Business Wire
MSCI Inc. (“MSCI” or the “Company”) (NYSE: MSCI), a leading
provider of critical decision support tools and services for the
global investment community, announced today that Moody’s Ratings
(“Moody’s”) upgraded MSCI’s senior unsecured notes and senior
unsecured bank credit facility ratings to an investment grade
rating of ‘Baa3’, previously from ‘Ba1’. The outlook was changed
from positive to stable following the ratings upgrade.
“We are proud of the investment grade rating upgrade from
Moody’s, which recognizes our increased scale, high profitability
and strong cash flow generation in addition to the compelling
secular trends in the investment industry that continue to support
long-term demand for MSCI’s services,” said Andy Wiechmann, Chief
Financial Officer.
Moody’s upgrade marks the third major credit rating agency to
assign MSCI an investment grade rating, including by S&P Global
Ratings and Fitch Ratings. To review MSCI’s credit ratings click
here.
About MSCI Inc.
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 50
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading, research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process.
To learn more, please visit www.msci.com. MSCI#IR
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements relate to future events or
to future financial performance and involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by these
statements. In some cases, you can identify forward-looking
statements by the use of words such as “may,” “could,” “expect,”
“intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,”
“predict,” “potential” or “continue,” or the negative of these
terms or other comparable terminology. You should not place undue
reliance on forward-looking statements because they involve known
and unknown risks, uncertainties and other factors that are, in
some cases, beyond MSCI’s control and that could materially affect
actual results, levels of activity, performance or
achievements.
Other factors that could materially affect actual results,
levels of activity, performance or achievements can be found in
MSCI’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2023, filed with the Securities and Exchange
Commission (“SEC”) on February 9, 2024, and in quarterly reports on
Form 10-Q and current reports on Form 8-K filed or furnished with
the SEC. If any of these risks or uncertainties materialize, or if
MSCI’s underlying assumptions prove to be incorrect, actual results
may vary significantly from what MSCI projected. Any
forward-looking statement in this press release reflects MSCI’s
current views with respect to future events and is subject to these
and other risks, uncertainties and assumptions relating to MSCI’s
operations, results of operations, growth strategy and liquidity.
MSCI assumes no obligation to publicly update or revise these
forward-looking statements for any reason, whether as a result of
new information, future events, or otherwise, except as required by
law.
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MSCI Inc.
Investor Inquiries jeremy.ulan@msci.com Jeremy Ulan +1
646 778 4184 jisoo.suh@msci.com Jisoo Suh +1 917 825 7111
Media Inquiries PR@msci.com Melanie Blanco +1 212 981
1049 Konstantinos Makrygiannis +44 (0)7768 930056 Tina Tan +852
2844 9320
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