IHS Markit to pay down revolver debt with funds from new senior notes

By Marisa Wong

Morgantown, W.Va., Feb. 6 – IHS Markit Ltd. plans to repay debt under its revolving credit facility using proceeds from an offering of senior notes, according to an 8-K filing with the Securities and Exchange Commission.

The company said it intends to offer $500 million of senior notes. Proceeds may also be used for share repurchases and other general corporate purposes.

IHS Markit is London-based provider of information and analytics.

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