MSCI Closes IPO and Credit Facility

    NEW YORK, November 20 /CNW/ - MSCI Inc. (NYSE:  MXB), a leading provider of
investment decision support tools including indices and portfolio analytics,
announced today that it has closed its initial public offering (IPO) as well
as a $500 million credit facility.

    The underwriters of the IPO exercised the option to purchase 2.1 million
additional shares of class A common stock from MSCI at the public offering
price of $18.00 per share, less the underwriting discount. In total, 16.1
million shares of class A common stock were sold in the IPO. The proceeds of
the IPO have been used to pay a portion of a demand note held by Morgan
Stanley. MSCI has borrowed $425 million under the new credit facility to pay
the remainder of the demand note.

    About MSCI Inc.

    MSCI Inc. is a leading provider of investment decision support tools to
investment institutions worldwide. MSCI Inc. products include indices and
portfolio analytics for use in managing equity, fixed income and multi-asset
class portfolios.

    The company's flagship products are the MSCI International Equity
Indices, which are estimated to have over USD 3 trillion benchmarked to them,
and the Barra risk models and portfolio analytics, which cover 56 equity and
46 fixed income markets. MSCI Inc. is headquartered in New York, with research
and commercial offices around the world. Morgan Stanley, a global financial
services firm, is the majority shareholder of MSCI Inc. MXB#IR

    For further information on MSCI Inc. or MSCI Barra products please visit

For further information:

For further information: MSCI, New York Ken O'Keeffe, + 1.212.804.1583
or For media enquiries: Abernathy MacGregor, New York Steve Bruce / Pen
Pendleton / Ann Taylor Reed + 1.212.371.5999 or Penrose Financial, London
Sally Todd / Clare Milton, + 44.20.7786.4888

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890