Friday 4th of March 2022 06:33:11 AM

S&P Global launched senior notes offering

  • S&P Global (NYSE:SPGI) is offering five tranches of senior notes with varying maturities in a private placement, with each series to be unsecured obligations of the company and guaranteed by its subsidiary, Standard & Poor's Financial Services.
  • Net proceeds, along with cash on hand, will be used to pay the purchase price for, and accrued and unpaid interest on, any and all of the company's outstanding 5.000% senior notes due 2022, 4.000% senior notes due 2025 and its 4.750% senior notes due 2025 validly tendered and accepted for purchase pursuant to a cash tender offer announced separately today.
  • Proceeds will also go towards redemption of all of the company's outstanding 4.125% senior notes due 2023, its 3.625% senior notes due 2024 and its 4.000% senior notes due 2026, as announced separately today.


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