MSCI Inc. Files 8-K on Material Agreement & Financial Obligation

TL;DR

MSCI Inc. just filed an 8-K for a new deal and debt. Watch closely.

AI Summary

On August 20, 2025, MSCI Inc. filed an 8-K report detailing a material definitive agreement and the creation of a direct financial obligation. The filing also includes financial statements and exhibits related to these events.

Why It Matters

This filing indicates MSCI Inc. has entered into a significant agreement and incurred a financial obligation, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.

Key Players & Entities

• MSCI Inc. (company) — Registrant
• August 20, 2025 (date) — Date of earliest event reported
• 7 World Trade Center (location) — Business Address

FAQ

Key Financial Figures

• $0.01 — h registered Common Stock, par value $0.01 per share MSCI New York Stock Excha
• $1.60 billion — the aggregate revolving commitments to $1.60 billion (from $1.25 billion) and extends the av
• $1.25 billion — ving commitments to $1.60 billion (from $1.25 billion) and extends the availability period to

Filing Documents

• dp233145_8k.htm (8-K) — 27KB
• dp233145_ex1001.htm (EX-10.1) — 1122KB
• 0000950103-25-010515.txt ( ) — 1530KB
• msci-20250820.xsd (EX-101.SCH) — 3KB
• msci-20250820_lab.xml (EX-101.LAB) — 33KB
• msci-20250820_pre.xml (EX-101.PRE) — 22KB
• dp233145_8k_htm.xml (XML) — 4KB

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement. Third Amended and Restated Credit Agreement On August 20, 2025, MSCI Inc. (the "Company"), the lenders party thereto, JPMorgan Chase Bank, N.A., in its capacity as administrative agent, and Bank of America, N.A., in its capacity as syndication agent, entered into a Third Amended and Restated Credit Agreement (the "Credit Agreement"), amending and restating in its entirety the Second Amended and Restated Credit Agreement (the "Existing Credit Agreement"), dated as of January 26, 2024, among the Company, JPMorgan Chase Bank, N.A., as Administrative Agent and L/C Issuer, and the other parties thereto. The Credit Agreement increases the aggregate revolving commitments to $1.60 billion (from $1.25 billion) and extends the availability period to August 20, 2030. Prior to the effectiveness of the Credit Agreement, the Company applied the proceeds of its August 2025 senior notes offering to repay in full all outstanding borrowings under the Existing Credit Agreement, and, as a result, no revolving loans were outstanding when the new facility became effective. The obligations under the Credit Agreement are unsecured senior obligations of the Company. Except as set forth below, pricing, the consolidated leverage ratio (maximum 4.25:1.00, or 4.50:1.00 for four quarters following a material acquisition) and other key economic terms remain unchanged from the Existing Credit Agreement. The Credit Agreement modifies the consolidated interest coverage covenant by converting it from a covenant tested each fiscal quarter under the Existing Credit Agreement to one that is tested at fiscal quarter-end only during a period in which the Company does not maintain investment-grade ratings from at least two of Moody's, S&P or Fitch. The Credit Agreement also eliminates the 0.10% Term SOFR adjustment that applied to Term SOFR-based borrowings under the Existing Credit Agreement. The Credit Agreement also contains customary events o

03 Creation of a Direct Financial

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information in Item 1.01 of this Form 8-K is hereby incorporated by reference into this Item 2.03.

01 Financial Statements and

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Third Amended and Restated Credit Agreement, dated as of August 20, 2025, among MSCI Inc., JPMorgan Chase Bank, N.A., as Administrative Agent and L/C Issuer, Bank of America, N.A., as Syndication Agent and L/C Issuer, and the other lenders party thereto. 104 Cover Page Interactive File, embedded in Inline XBRL SIGNATURE 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. MSCI Inc. Date: August 20, 2025 By: /s/ Henry A. Fernandez Name: Henry A. Fernandez Title: Chairman and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR