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S&P Global intends to sell notes in two parts via seven bookrunners
By Devika Patel
Knoxville, Tenn., Aug. 10 – S&P Global Inc. plans to sell guaranteed fixed-rate senior notes in two tranches, according to a press release and 424B2 filing with the Securities and Exchange Commission.
The notes feature a make-whole call and then a par call.
Goldman Sachs & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Mizuho Securities USA Inc. are the bookrunners.
Proceeds will be used to fund cash tender offers for the company’s $900 million of 4.4% senior notes due 2026, $297,021,000 of 6.55% senior notes due 2037 and $500 million of 4.5% senior notes due 2048.
The notes will be guaranteed by Standard & Poor's Financial Services LLC.
Based in New York, S&P Global provides transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets across the world.
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