Davis Polk advised J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers on an SEC-registered debt offering by Moody’s Corporation of $500 million aggregate principal amount of 4.875% senior notes due 2024.

Moody’s Corporation is the parent company of Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody’s Analytics, which offers leading-edge software, advisory services and economic research for credit analysis and financial risk management.

The Davis Polk team included partner Richard A. Drucker and associates Liang Dong and Rashna Bhojwani. Partner Michael Mollerus and associate Juelle Gomes provided tax advice. Sorina Delia Lazar was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.