S&P Global Inc.
S&P Global Announces Private Offering of $2 Billion Senior Notes by Mobility Global Ahead of Spin-off
Summary
On May 19, 2026, S&P Global Inc. announced the pricing of a private offering of $2 billion aggregate principal amount of senior notes by Mobility Global Inc., a recently formed holding company for S&P Global's Mobility division. The notes, consisting of $650 million of 5.050% senior notes due 2029, $650 million of 5.450% senior notes due 2031, and $700 million of 6.050% senior notes due 2036, are being offered to qualified institutional buyers under Rule 144A and to persons outside the United States in compliance with Regulation S. The offering is expected to close on May 29, 2026, subject to customary closing conditions. The net proceeds will be used to finance a cash payment to S&P Global as consideration for the transfer of certain assets, liabilities, and entities to Mobility Global, with any remaining proceeds to be used for estimated fees and expenses and general corporate purposes. The notes will be entitled to the benefits of a registration rights agreement, allowing for the exchange of the notes for new notes registered under the Securities Act or, under certain circumstances, a shelf registration statement for the resale of the notes.
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About S&P Global Inc.
S&P Global Inc. is a leading financial information and analytics company, providing essential intelligence for individuals, companies, and governments to make decisions with confidence. Its primary function is offering a comprehensive suite of products and services across various sectors, including ratings, benchmarks, analytics, and data solutions. The company is known for its widely-referenced indices, such as the S&P 500, which is a crucial indicator of U.S. equity market performance. Moreover, S&P Global Ratings provides credit ratings, evaluations, and analyses that inform the financial decisions of institutions around the globe. Through its Market Intelligence segment, the firm delivers a range of data and insights tailored to the needs of various industries, facilitating strategy, competitiveness, and performance optimization. Additionally, S&P Global's Platts division focuses on providing data and analytics specifically related to energy and commodities, playing a vital role in these markets. Overall, S&P Global Inc.'s services help shape the financial landscape by enabling efficient risk assessment, decision-making, and market movements, making it a pivotal player in global finance.
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