Baker Hughes Successfully Prices Senior Notes Offering to Fund Chart Acquisition

Details

dollar-denominated notes. The net proceeds from the offering will be used to fund part of the cash consideration for the acquisition of Chart Industries, Inc., along with related transaction fees and expenses. The notes are fully and unconditionally guaranteed by Baker Hughes and are subject to redemption if the acquisition is not consummated. The offering was underwritten by several major financial institutions. The closing of the offering occurred on March 11, 2026.

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About Baker Hughes Company

Baker Hughes Company is a global energy technology provider that plays a critical role in the oil and gas sector. The company's primary function is to deliver integrated oilfield products, services, and digital solutions that optimize the development and management of hydrocarbon resources. With a comprehensive portfolio that includes drilling services, completion technologies, and innovative carbon reduction strategies, Baker Hughes serves a diverse range of clients, including oil and gas companies, both onshore and offshore. The company is also at the forefront of advancing cleaner energy technologies, emphasizing innovation in energy efficiency and emission reduction. Founded in 1907 and headquartered in Houston, Texas, Baker Hughes is a pivotal player in the energy market, influencing technology-driven transformations and operational efficiencies throughout the industry. Its integration of advanced data analytics and digital solutions showcases its commitment to enhancing the performance and sustainability of energy production worldwide.