|
Issuer:
|
MSCI
Inc.
|
|
Exchange
/ Symbol:
|
NYSE
/ MXB
|
|
Size:
|
$807,975,815
|
|
Total
shares offered:
|
27,861,235
shares of Class A Common Stock (all secondary)
|
|
Selling
stockholders:
|
25,000,000
shares by Morgan Stanley
2,861,235
shares by The Capital Group Companies Charitable
Foundation
|
|
Greenshoe:
|
3,000,000
shares of Class A Common
Stock; option to purchase additional shares from Morgan
Stanley.
|
|
Price
to public:
|
$29.00
per share
|
|
Trade
date:
|
April
28, 2008
|
|
Closing
date:
|
May
2, 2008
|
|
CUSIP:
|
55354G100
|
| Bookrunning managers: |
Morgan
Stanley & Co. Incorporated
UBS
Securities LLC
|
|
Co-managerss:
|
Banc
of America Securities LLC
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
William
Blair & Company, L.L.C.
Fox-Pitt
Kelton Cochran Caronia Waller (USA) LLC
Keefe,
Bruyette & Woods, Inc.
|
|
On
April 28, 2008, as an additional means of facilitating the offering, the
underwriters purchased 5,700 shares of MSCI Inc.’s class A common stock in
open market transactions at a price per share of $29.00 to stabilize the
price of the class A common stock.
|
|
|
Because
MSCI Inc. and Morgan Stanley are affiliates of Morgan Stanley & Co.
Incorporated, Morgan Stanley & Co. Incorporated is deemed to have a
“conflict of interest” under Rule 2720 of the Financial Industry
Regulatory Authority (“FINRA”). When a FINRA member with a
conflict of interest participates as an underwriter in a public offering,
the FINRA rules generally require that the public offering price may be no
higher than that recommended by a “qualified independent underwriter” as
defined by FINRA. Because a bona fide independent market (as defined in
Rule 2720 of the FINRA) exists for the class A common shares, a qualified
independent underwriter is not required to be appointed; however, the
offering will be conducted in accordance with all other applicable
provisions of the FINRA rules.
|