Moody's Corp Files 8-K: Financials & Debt Details

TL;DR

Moody's 8-K dropped, check out their common stock and 2027/2030 senior notes.

AI Summary

On August 5, 2024, Moody's Corporation filed an 8-K report detailing other events and financial statements. The filing includes information related to their common stock and senior notes due in 2027 and 2030. Moody's Corporation is incorporated in Delaware and has its principal executive offices at 7 World Trade Center in New York.

Why It Matters

This filing provides investors with updated information on Moody's financial structure, including details on their common stock and outstanding senior notes, which can impact investment decisions.

Risk Assessment

Risk Level: low — This is a routine filing providing financial and event updates, not indicating any immediate operational or financial distress.

Key Players & Entities

• MOODYS CORP /DE/ (company) — Registrant
• August 5, 2024 (date) — Date of Report
• 7 WORLD TRADE CENTER (location) — Business Address
• NEW YORK (location) — City
• Delaware (location) — State of Incorporation
• mco:TwoThousandAndFifteenSeniorNotesDueTwoThousandAndTwentySevenMember (financial_instrument) — Senior Notes due 2027
• mco:A950SeniorNotesDueTwoThousandAndThirtyMember (financial_instrument) — Senior Notes due 2030

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share MCO New York Stock Exchan
• $500 million — issued an aggregate principal amount of $500 million of the Company's 5.000% Senior Notes du
• $50 million — e at maturity in an aggregate amount of $50 million or more, or a default occurs that resul

Filing Documents

• d857873d8k.htm (8-K) — 39KB
• d857873dex41.htm (EX-4.1) — 103KB
• d857873dex51.htm (EX-5.1) — 10KB
• g857873g0803032050984.jpg (GRAPHIC) — 2KB
• 0001193125-24-193958.txt ( ) — 342KB
• mco-20240805.xsd (EX-101.SCH) — 4KB
• mco-20240805_def.xml (EX-101.DEF) — 13KB
• mco-20240805_lab.xml (EX-101.LAB) — 22KB
• mco-20240805_pre.xml (EX-101.PRE) — 14KB
• d857873d8k_htm.xml (XML) — 7KB

01

ITEM 8.01 OTHER EVENTS 3

FINANCIAL STATEMENTS AND EXHIBITS

FINANCIAL STATEMENTS AND EXHIBITS 4

SIGNATURES

SIGNATURES EXHIBIT 4.1 EXHIBIT 4.2 EXHIBIT 5.1 EXHIBIT 23.1 EXHIBIT 104 2 Item8.01, "Other Events" On August 5, 2024, Moody's Corporation (the "Company") issued an aggregate principal amount of $500 million of the Company's 5.000% Senior Notes due 2034 (the "notes"). The offer of the notes was registered under the Company's Registration Statement on Form S-3 (Registration No. 333-269918) (the "Registration Statement") filed with the Securities and Exchange Commission (the "Commission") on February 22, 2023. On August 5, 2024, the Company closed its public offering of the notes. The notes were issued under an Indenture between the Company and Computershare Trust Company, N.A. as successor to Wells Fargo Bank, National Association, as trustee (the "Trustee"), dated as of August 19, 2010 (the "Base Indenture"), as supplemented by the eighteenth supplemental indenture, dated as of August 5, 2024 (the "Eighteenth Supplemental Indenture" and, together with the Base Indenture, the "Indenture"). The Eighteenth Supplemental Indenture includes the form of the notes. The net proceeds of the offering of the notes are expected to be used for general corporate purposes, which may include working capital, capital expenditures, acquisitions, repayment of indebtedness, and other business opportunities. The notes bear interest at the fixed rate of 5.000% per year and mature on August 5, 2034. Interest on the notes will be due semiannually on February 5 and August 5 of each year, commencing February 5, 2025. Prior to May 5, 2034 (three months prior to their maturity date) (the "Par Call Date"), the Company may redeem the notes at its option, in whole or in part, at any time and from time to time, at a redemption price equal to the greater of (i) the make-whole redemption price set forth in the notes less interest accrued to the date of redemption and (ii) 100% of the principal amount of the notes to be redeemed, plus, in either case, accrued and unpaid interest thereon

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MOODY'S CORPORATION By: /s/ Elizabeth M. McCarroll Elizabeth M. McCarroll Corporate Secretary and Associate General Counsel Date: August 5, 2024

View Full Filing

View this 8-K filing on SEC EDGAR