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Moody's Corp (MCO)

MCO on New York Consolidated

120.42USD
27 Jun 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

More From Around the Web

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.