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Stock impact report

MSCI Announces Upgrade to ‘Baa3' Investment Grade Rating from Moody's Ratings [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
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. Wit Show less Read more
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