MSCI enters $1.60 billion credit facility, up from $1.25 billion, maturing 2030
On August 20, 2025, MSCI Inc. entered into a Third Amended and Restated Credit Agreement that increases its aggregate revolving commitments to $1.60 billion from $1.25 billion and extends the availability period to August 20, 2030. The company used proceeds from its August 2025 senior notes offering to repay all outstanding borrowings under the prior facility, so no revolving loans were outstanding when the new facility took effect. The filing describes the terms as largely unchanged, with a few covenant and pricing modifications, and the larger, longer-dated facility gives the company more borrowing capacity.
Key points
- Aggregate revolving commitments increased to $1.60 billion from $1.25 billion
- Availability period extended to August 20, 2030
- Prior borrowings fully repaid using proceeds of August 2025 senior notes offering; no revolving loans outstanding at effectiveness
- Eliminates the 0.10% Term SOFR adjustment and converts interest coverage covenant to quarter-end testing only if the company loses investment-grade ratings from at least two of Moody's, S&P or Fitch
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 20, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.