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MSCI Inc. Announces New Senior Credit Facility To Refinance Certain Existing Debt

MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, including indices, portfolio risk and performance analytics and corporate governance services, announced its intention to launch a partial refinancing of its outstanding Senior Secured Term Loan B Facility.

MSCI is seeking to obtain a new $600 million 5-Year Term Loan A Facility, the proceeds of which, together with $206 million of cash on hand, it expects to use to repay up to $800 million of the existing Senior Secured Term Loan B Facility and pay related fees and expenses. MSCI is also seeking to extend the maturity of its $100 million Senior Secured Revolving Facility and amend certain covenants in the credit agreement governing the facilities. There can be no assurance that MSCI will be able to obtain the new facility, the maturity extension or the covenant amendments.

Morgan Stanley MUFG Loan Partners, LLC (acting through Morgan Stanley Senior Funding, Inc. and The Bank of Tokyo Mitsubishi UFJ, Ltd.) and J.P. Morgan Securities LLC will be Joint Lead Arrangers and the Joint Bookrunners on the transaction.

About MSCI

MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools.

The company’s flagship product offerings are: the MSCI indices with approximately USD 7 trillion estimated to be benchmarked to them on a worldwide basis 1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS governance research and outsourced proxy voting and reporting services; FEA valuation models and risk management software for the energy and commodities markets; and CFRA forensic accounting risk research, legal/regulatory risk assessment, and due‐diligence. MSCI is headquartered in New York, with research and commercial offices around the world. MSCI#IR

1 As of June 30, 2011, based on eVestment, Lipper and Bloomberg data.

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