Welcome to our dedicated page for MSCI news (Ticker: MSCI), a resource for investors and traders seeking the latest updates and insights on MSCI stock.
MSCI Inc. provides indexes, portfolio and risk analytics, sustainability and climate data, and private-assets data for asset managers, asset owners, hedge funds, banks, insurers, wealth managers, corporates, and other market participants. News about MSCI commonly covers financial results, recurring subscription and asset-based fee trends, analytics product growth, and investor-conference communications.
Company updates also center on MSCI Equity Index reviews, market-classification decisions, index licensing and intellectual-property notices, and partnerships that extend MSCI index universes into wealth-management or custom-index platforms. Acquisition news has addressed added private-markets pricing and valuation data, as well as expanded calculation capabilities for multi-asset, alternative, commodities, cryptocurrency, currency, fixed-income, and derivatives-linked indexes.
MSCI Inc. (NYSE: MSCI) has successfully completed a private offering of $500 million in 3.625% senior unsecured notes, maturing on September 1, 2030. This issuance is fully fungible with existing notes issued in March 2020. Proceeds will fund the redemption or repurchase of $500 million of 4.750% senior unsecured notes due 2026. MSCI anticipates added expenses from this redemption, which will be excluded from adjusted earnings per share calculations. The offering is limited to qualified institutional buyers and certain non-U.S. persons, and the notes are not registered under the Securities Act.
MSCI priced its private offering of $500 million in 3.625% senior unsecured notes due 2030, with an issue price of 100.750%. The interest will be payable semi-annually, beginning September 1, 2021. The offering will settle on March 26, 2021. Proceeds will be used to redeem all $500 million of its 4.750% senior unsecured notes due 2026. The notes will be senior unsecured obligations guaranteed by MSCI and certain subsidiaries. The offering targets qualified institutional buyers and non-U.S. persons.
MSCI Inc. (NYSE: MSCI) plans to issue $500 million in senior unsecured notes due 2030 in a private offering exempt from SEC registration. This issuance will be fungible with previously issued 3.625% senior notes due 2030. The funds will be used to redeem existing 4.750% senior notes due 2026, along with related costs. The offering is contingent on market conditions and is targeted at qualified institutional buyers and non-U.S. persons under specific regulations. MSCI emphasizes its experience in investment research and decision support.
MSCI Inc. (NYSE: MSCI) announced the retirement of director Benjamin F. duPont from the Board, effective after the 2021 annual meeting scheduled for April 27, 2021. Mr. duPont has served on the Board since shortly after MSCI’s IPO in 2007, contributing significantly to the company's growth and strategic direction. His departure will reduce the Board size to nine members. Chairman Henry A. Fernandez expressed gratitude for duPont's valuable contributions to the company.
First Industrial Realty Trust (NYSE: FR) has appointed Marcus L. Smith to its board of directors, where he will contribute to the investment and nominating/corporate governance committees. Smith, a former director at MSCI and portfolio manager at MFS Investment Management, brings extensive experience in equity management. Matthew S. Dominski, chairman of the board, expressed enthusiasm about the addition, noting the benefits of Smith's investment expertise. First Industrial Realty Trust is a prominent owner and developer of industrial real estate, managing approximately 64.1 million square feet of industrial space as of December 31, 2020.
MSCI Inc. (NYSE: MSCI) hosted a virtual investor day on February 24, 2021, where it discussed its strategy and financial performance. The company updated its 2021 effective tax rate guidance to 16.0% - 19.0% and reaffirmed its financial guidance from January 28, 2021. MSCI announced long-term targets, including low double-digit revenue growth and low to mid-teens Adjusted EBITDA growth. The Board also authorized a review of financing options, which could slightly increase leverage and interest expenses.
MSCI Inc. (NYSE: MSCI) has launched Investment Solutions as a Service in collaboration with Microsoft Corp. This innovative service leverages cloud and AI technologies to support institutional investors in addressing investment challenges. Key features include ESG, Index, Data Management, and Investment Analytics Solutions, tailored to enhance investment decision-making. The partnership reflects growing demand for advanced technologies in finance, aiming to empower investors with robust insights and analytics. The service is set to debut with multiple offerings in 2021.
MSCI Inc. (NYSE:MSCI) has announced the results of its February 2021 Quarterly Index Review for various MSCI Equity Indexes. Key changes include the addition of 23 securities and the removal of 8 from the MSCI ACWI Index. Significant additions include Roche Holding, Airbnb, and Plug Power. The MSCI Global Small Cap Index will see 8 additions and 17 deletions. Furthermore, the MSCI Frontier Markets Index will add 3 securities while deleting 2 due to Lebanon’s reclassification to Standalone Market status. All changes take effect after the market closes on February 26, 2021.
Summary not available.
MSCI Inc. (NYSE:MSCI) will announce its February 2021 Quarterly Index Review results for various MSCI Equity Indexes on February 9, 2021. This includes changes to the MSCI Global Standard, Small Cap, and Micro Cap Indexes, among others. Notably, the MSCI Lebanon Indexes will be reclassified from Frontier Market to Standalone Market status during this review. The official list of index additions and deletions will be posted on MSCI's website after 11:00 p.m. CET on the same day.