SUBSEQUENT EVENT	0 Months Ended
Feb. 21, 2014
SUBSEQUENT EVENT	NOTE 24 SUBSEQUENT EVENT On February 21, 2014, the Company made a conditional open offer to acquire up to 2,650,000 equity shares of ICRA Limited, a leading provider of credit ratings and research in India. The offer is conditional upon acquiring at least 2,149,101 equity shares, which would increase Moody's ownership stake from 28.5% to just over 50.0%. Full acceptance of the offer would increase Moody's ownership stake in ICRA to approximately 55.0% upon the closing of the offer, the Company anticipates that it would consolidate the results of ICRA Limited into its financial statements subsequent to the acquisition of the shares. The offer price, payable in cash, is 2,000 Indian rupees per share which, based on exchange rates on the date of the offer, would result in a cash payment to the seller ranging between approximately $69 million and $85 million. The tender period is expected to begin in April 2014, subject to completion of a review of the transaction by Indian regulatory authorities.

SUBSEQUENT EVENT

0 Months Ended

Feb. 21, 2014

NOTE 24 SUBSEQUENT EVENT

On February 21, 2014, the Company made a conditional open offer to acquire up to 2,650,000 equity shares of ICRA Limited, a leading provider of credit ratings and research in India. The offer is conditional upon acquiring at least 2,149,101 equity shares, which would increase Moody's ownership stake from 28.5% to just over 50.0%. Full acceptance of the offer would increase Moody's ownership stake in ICRA to approximately 55.0% upon the closing of the offer, the Company anticipates that it would consolidate the results of ICRA Limited into its financial statements subsequent to the acquisition of the shares.

The offer price, payable in cash, is 2,000 Indian rupees per share which, based on exchange rates on the date of the offer, would result in a cash payment to the seller ranging between approximately $69 million and $85 million. The tender period is expected to begin in April 2014, subject to completion of a review of the transaction by Indian regulatory authorities.