Moody's Corporation · NYSE:MCO
Moody's — Merger or Acquisition (May 2017)
18 slides from Moody's's merger presentation, May 15, 2017
Slide 1: Moody's Acquisition of Bureau van Dijk
Moody’s Acquisition of Bureau van Dijk May 15, 2017
Slide 2: Salli Schwartz
Salli Schwartz GLOBAL HEAD OF INVESTOR RELATIONS AND COMMUNICATIONS Acquisition of Bureau van Dijk – May 15, 2017 2
Slide 3: Presenters
Presenters RAY MCDANIEL PRESIDENT AND CHIEF EXECUTIVE OFFICER LINDA HUBER EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER MARK ALMEIDA PRESIDENT, MOODY’S ANALYTICS Acquisition of Bureau van Dijk – May 15, 2017 3
Slide 4: Disclaimer
Disclaimer Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and prospects for Moody’s business and operations that involve a number of risks and uncertainties. The forward-looking statements in this release are made as of the dat
Slide 5: Ray McDaniel
Ray McDaniel PRESIDENT & CHIEF EXECUTIVE OFFICER Acquisition of Bureau van Dijk – May 15, 2017 5
Slide 6: Moody's to acquire Bureau van Dijk for €3.0 billion
Moody’s to acquire Bureau van Dijk for €3.0 billion Bureau van Dijk (BvD) aggregates, standardizes and distributes one of the world’s most extensive private company data sets » Strong and consistent financial performance. Revenue growth CAGR of 9.3%, with demonstrated operating leverage over last te
Slide 7: BvD firmly positions Moody's as a leading provider of private company data and information
BvD firmly positions Moody’s as a leading provider of private company data and information » Powerful platform covers more than 220 million private companies worldwide » Information sourced via relationships with over 160 third-party providers established over 30+ years » Supports more than 6,000 un
Slide 8: Mark Almeida
Mark Almeida PRESIDENT, MOODY’S ANALYTICS Acquisition of Bureau van Dijk – May 15, 2017 8
Slide 9: Value proposition flows from specialized sourcing and efficient data management capabilities
Value proposition flows from specialized sourcing and efficient data management capabilities Diversified IP Proprietary Data High Value Customer Network Augmentation & Processing Tools Solutions 220 Million+ » Standardize financials and ratios Selected Product Examples Private Companies » Verify and
Slide 10: Expands MA's reach beyond financial institutions
Expands MA’s reach beyond financial institutions BvD Customers Governmental 19% Financial by Industry Segment Authorities 28% Institutions Corporations 26% Professional 27% Services Firms BvD - MAIN USERS Financial Professional Governmental Corporations Institutions Services Firms Authorities » Bank
Slide 11: Expect to achieve ~$45 million in annual synergies by 2019 and ~$80 million by 2021
Expect to achieve ~$45 million in annual synergies by 2019 and ~$80 million by 20211 Sales Execution Market Penetration » Accelerate adoption of best practices at » Expand BvD’s reach outside Europe BvD » Extend MA penetration of non-financial » Distribute BvD financial analysis customers platforms
Slide 12: Solid strategic and industrial logic
Solid strategic and industrial logic Positions Moody’s to more fully address small- and medium-size Deepens credit enterprises risk coverage » Broader coverage of the credit market Data can be integrated into Moody’s loan origination, risk Reinforces management and regulatory reporting analytics pro
Slide 13: Linda Huber
Linda Huber EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER Acquisition of Bureau van Dijk – May 15, 2017 13
Slide 14: Timing, financing and reporting plans
Timing, financing and reporting plans » Acquisition is subject to regulatory Expect to: approval in the European Union and is expected to close late in the third » Report BvD as a part of MA’s quarter of 2017 Research, Data & Analytics unit » Committed $1.5 billion bridge loan in » Reduce share repu
Slide 15: Conclusion
Conclusion » BvD is a leading aggregator and distributor of private company business intelligence and data, serving over 6,000 unique institutions worldwide » Extends MA’s reach beyond financial institutions and insurance » Adds capacity to MA’s attractive RD&A business through extensive customer ba
Slide 16: Q&A session
Q&A session RAY MCDANIEL PRESIDENT AND CHIEF EXECUTIVE OFFICER LINDA HUBER EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER MARK ALMEIDA PRESIDENT, MOODY’S ANALYTICS Acquisition of Bureau van Dijk – May 15, 2017 16
Slide 17: Website: ir.moodys.com Email: ir@moodys.com
Website: ir.moodys.com Email: ir@moodys.com Acquisition of Bureau van Dijk – May 15, 2017 17
Slide 18: Acquisition of Bureau van Dijk – May 15, 2017
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