S&P Global has priced a total US$10 billion in senior notes.
The offering is split into US$600 million 4.250% senior notes due 15 January 2031, and US$400 million 4.800% senior notes due 4 December 2035. The notes are rated A- by Fitch Ratings.
The issuance is the eighth largest US corporate issuance over the past 12 months, and the 11th largest globally, tied with Synopsys’ offering earlier this year. Mars Inc’s US$25 billion issuance still towers over the market, surpassing Oracle (US$19 bn), Citigroup (US$14.97 bn) and NTT Finance (US$14.05 bn).
Proceeds from the notes are expected to go towards general corporate purposes such as repayment, refinancing, working capital and repurchase of outstanding common stock. Net proceeds may be temporarily invested in short-term, liquid investments prior to this, the company stated.
©Markets Media Europe 2025
