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Moody's Corp (MCO.N)

MCO.N on New York Stock Exchange

127.17USD
20 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Moody's Corp enters into a loan agreement
Monday, 12 Jun 2017 04:38pm EDT 

June 12 (Reuters) - Moody's Corp : :Moody's Corp says on June 6, 2017 co entered into a loan agreement .Moody's Corp says term loan credit agreement provides for a $500 million term loan facility, maturing on June 6, 2020.  Full Article

Moody's prices senior unsecured notes offering
Thursday, 1 Jun 2017 05:10pm EDT 

June 1 (Reuters) - Moody's Corp MCO.N::Moody's prices senior unsecured notes offering.Priced its previously announced private offering of $1.0 billion aggregate principal amount of notes​.Priced ‍private note offering consists of $500 million of 2.625 pct senior unsecured notes due 2023 and $500 million of 3.250 pct senior unsecured notes due 2028​.Offering is expected to close on June 12, 2017​.  Full Article

Moody's Corp announces private offering of $1 bln senior unsecured notes
Thursday, 1 Jun 2017 09:45am EDT 

June 1 (Reuters) - Moody's Corp :Moody's corporation announces private offering of senior unsecured notes.Moody's corp says that it is offering to sell $1.0 billion aggregate principal amount of two series of senior notes of company.Moody's corp says expects to use net proceeds to fund a portion of purchase price of its acquisition of Bureau Van Dijk Electronic Publishing B.V.  Full Article

Moody's says entered into a 364-day bridge credit agreement
Monday, 15 May 2017 07:43am EDT 

May 15 (Reuters) - Moody's Corp :Moody's Corp - on may 15, co entered into a 364-day bridge credit agreemen with JPMorgan Chase Bank, N.A.. - sec filing.Moody's - credit agreement provides for $1.5 billion bridge facility consisting of $1.0 billion of tranche 1 commitments and $500 million of tranche 2 commitments.  Full Article

Moody's to acquire Bureau van Dijk in a deal valued at about $3.27 bln
Monday, 15 May 2017 07:00am EDT 

May 15 (Reuters) - Moody's Corp :Moody's to acquire Bureau van Dijk.Moody's Corp - deal for approximately $3.27 billion.Moody's Corp - deal accretive to GAAP EPS in 2019.Moody's Corp says increases Moody's long term outlook for revenue and EPS growth.Moody's Corp - deal for for EUR 3.0 billion (approximately $3.27 billion).Moody's Corp - Moody's will fund transaction through a combination of offshore cash and new debt financing.Moody's Corp - deal expected to be EPS accretive in 2018, excluding purchase price amortization and one-time integration costs.  Full Article

Moody's Q1 earnings per share $1.78
Friday, 5 May 2017 07:00am EDT 

May 5 (Reuters) - Moody's Corp :Moody's Corporation reports results for first quarter 2017.Sees fy 2017 earnings per share $5.46 to $5.61.Q1 adjusted earnings per share $1.47.Q1 earnings per share $1.78.Q1 revenue rose 19 percent to $975.2 million.Sees fy 2017 adjusted earnings per share $5.15 to $5.30.Q1 earnings per share view $1.24 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $5.25 -- Thomson Reuters I/B/E/S.Sees 2017 operating margin guidance approximately 43%.Sees revenue increase in mid-single-digit percent range for 2017.Sees capital expenditures of approximately $100 million in 2017.Fy2017 revenue view $3.81 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $918.9 million -- Thomson Reuters I/B/E/S.  Full Article

Moody's says Q4 revenue rose 9 pct to $942.1 mln
Friday, 17 Feb 2017 07:00am EST 

Moody's Corp : Moody's Corporation reports results for fourth quarter and full year 2016; Sets outlook for full year 2017 . Sees FY 2017 earnings per share $5.15 to $5.30 . Q4 adjusted earnings per share $1.23 . Q4 revenue rose 9 percent to $942.1 million . Q4 loss per share $2.22 . Q4 earnings per share view $1.24 -- Thomson Reuters I/B/E/S . For MIS, Moody's expects 2017 revenue to increase in mid-single-digit percent range . For MA, Moody's expects 2017 revenue to increase in mid-single-digit percent range . Moody's expects full year 2017 revenue to increase in mid-single-digit percent range . Capital expenditures are expected to be approximately $100 million for full year 2017 .Moody's expects share repurchases to be approximately $500 million for full year 2017.  Full Article

Moody's sets regular quarterly dividend of $0.38 per share
Wednesday, 21 Dec 2016 07:00am EST 

Moody's Corp : Sets regular quarterly dividend of $0.38 per share .Moody's Corp says a new dividend represents 3 percent increase from prior quarter of 37 cents per share.  Full Article

Finagraph completes financing round led by Moody's
Tuesday, 29 Nov 2016 10:30am EST 

Finagraph : Finagraph completes financing round led by moody's corporation .completed a $5 million financing round led by a new investment from Moody's Corporation.  Full Article

Moody's sees FY 2016 adj earnings per share $4.55 to $4.65
Wednesday, 28 Sep 2016 07:00am EDT 

Moody's Corp : Moody's Corporation updates full year 2016 guidance . Sees FY 2016 gaap earnings per share $4.70 to $4.80 . Sees FY effective tax rate now expected to be 31% to 31.5% . Full year 2016 GAAP EPS includes an anticipated non-cash foreign exchange gain of approximately $0.18 related to a subsidiary reorganization . FY2016 earnings per share view $4.58 -- Thomson Reuters I/B/E/S . FY 2016 GAAP EPS guidance of $4.70 to $4.80; FY 2016 non-GAAP EPS guidance of $4.55 to $4.65 . Sees FY 2016 non-GAAP earnings per share $4.55 to $4.65 excluding items . "Increased issuance activity combined with a greater impact from our cost savings initiatives has resulted in a modestly improved outlook" . Says full year global MIS revenue is still expected to decrease in low-single-digit-percent range .FY US revenue is expected to be flat and public, project and infrastructure finance revenue is expected to increase about 10 percent.  Full Article

UPDATE 1-EU watchdog fines Moody's for credit ratings breaches

LONDON, June 1 The European Union's markets regulator has fined Moody's 1.24 million euros ($1.4 million) for failing to give investors sufficient information about how ratings on major institutions such as the EU were compiled.