Moody's Corporation entered into an underwriting agreement on November 9, 2026, to issue and sell €500,000,000 in aggregate principal amount of 4.125% Senior Notes due 2033. The offering was registered under a Form S-3 Registration Statement filed with the SEC on February 19, 2026. The company closed the public offering on November 12, 2026.
The notes were issued under an indenture dated August 19, 2010, between Moody's and U.S. Bank Trust Company, National Association, as trustee. The issuance was supplemented by a Twentieth Supplemental Indenture dated November 12, 2026, which includes the form of the notes. U.S. Bank Europe DAC, UK Branch, serves as the paying agent.
Interest on the notes is fixed at 4.125% per year and is payable annually on November 12, beginning November 12, 2027. The notes mature on November 12, 2033. Moody's may redeem the notes in whole or in part prior to August 12, 2033, at a price equal to the greater of the make-whole redemption price or 100% of the principal amount, plus accrued interest. After that date, the notes may be redeemed at 100% of the principal amount plus accrued interest.
Moody's intends to use the net proceeds from the offering for general corporate purposes, which may include working capital, capital expenditures, acquisitions, repayment of indebtedness, and other business opportunities.
