Davis Polk Advises MSCI Inc. on Its $500 Million Notes Offering and Amendment to Revolving Credit Agreement

Davis Polk advised MSCI Inc. (“MSCI”) in connection with a Rule 144A/Regulation S offering of $500 million aggregate principal amount of its 4.750% senior notes due 2026 and a concurrent amendment to MSCI’s revolving credit agreement. The notes are guaranteed by certain subsidiaries of MSCI. Among other things, the amendments to the revolving credit agreement increased the aggregate commitments to $220 million and extended the term to August 2021.

For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. MSCI’s line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research. MSCI serves 97 of the top 100 largest money managers, according to the most recent P&I ranking.

The Davis Polk corporate team included partner Richard D. Truesdell Jr., counsel Jeffrey S. Ramsay and associate Jennifer Ying Lan. The credit team included partner Sartaj Gill and associate Darren Mahone. The tax team included partner Michael Mollerus and associate Sam R. Van Peperstraete. Associate Colleen Blanco provided Investment Company Act advice. Partner Pritesh P. Shah and associate Paul S. Lee provided intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.