Breaking News/EventCorporate TransactionPrice Target Update

S&P Global Prices $1B Private Placement Of Senior Notes: $600M 4.25% Due 2031 And $400M 4.8% Due 2035 For General Corporate Purposes

BenzingaDecember 01, 2025 at 10:18 PMFull Content
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Detected Companies & Sentiment

S&P Global Inc.
"neutral update"
5

Gist

S&P Global priced a $1B private placement of senior notes to fund general corporate purposes, including potential acquisitions and debt repayment.

LLM Summary

S&P Global announced a $1B private placement of $600M in 4.25% senior notes due 2031 and $400M in 4.8% senior notes due 2035, with proceeds intended for general corporate uses such as acquisitions, debt repayment, and stock repurchases. The notes are unsecured, unsubordinated, and guaranteed by a subsidiary, with closing expected around December 4, 2025. Interest is paid semi-annually starting in 2026.

Full Article Content

S&P Global (NYSE: SPGI) (the "Company" or "S&P Global") today announced that it has priced an offering (the "Offering") of $600,000,000 aggregate principal amount of 4.250% senior notes due 2031 (the "2031 Notes") and $400,000,000 aggregate principal amount of 4.800% senior notes due 2035 (the "2035 Notes" and, together with the 2031 Notes, the "Notes") in a private placement transaction pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act").

The 2031 Notes will bear interest at a rate of 4.250% per annum and will mature on January 15, 2031. The 2035 Notes will bear interest at a rate of 4.800% per annum and will mature on December 4, 2035. Interest on the 2031 Notes is payable semi-annually in cash in arrears on January 15 and July 15 of each year, beginning on July 15, 2026. Interest on the 2035 Notes is payable semi-annually in cash in arrears on June 4 and December 4 of each year, beginning on June 4, 2026. The Notes will be unsecured and unsubordinated obligations of the Company and will be guaranteed by its subsidiary, Standard & Poor's Financial Services LLC. The closing of the sale of the Notes is expected to occur on or about December 4, 2025, subject to customary closing conditions.

The Company intends to use the net proceeds from the Offering for general corporate purposes, which may include, without limitation, funding of possible acquisitions, repayment, redemption or refinancing of indebtedness, capital expenditures, working capital, satisfaction of other obligations or repurchase of our outstanding common stock. We may temporarily invest the net proceeds of this offering in short-term, liquid investments until they are used for their stated purpose.

Metadata

Author:
Benzinga Newsdesk
Tickers:
SPGI
Updated At:
December 01, 2025 at 6:18 PM
Benzinga Channels:
News, Offerings
Teaser:
S&P Global (NYSE:SPGI) (the "Company" or "S&P Global") today announced that it has priced an offering (the "Offering") of $600,000,000 aggregate principal amount of 4.250% senior notes due 2031 (the "2031 Notes")
Benzinga Stocks:
SPGI (NYSE)
Benzinga Article ID:
49150162