Moody’s to sell fixed-rate senior notes via three bookrunners

By Devika Patel

Knoxville, Tenn., June 1 – Moody’s Corp. expects to sell fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes have a make-whole call and are then redeemable at par.

BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes, including repayment of a portion of the $350 million loan entered into on June 6, 2017 to finance the acquisition of Bureau van Dijk Electronic Publishing BV.

New York-based Moody’s is the parent company of credit ratings agency Moody’s Investors Service.

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