S&P Global completes $1.0 billion senior notes offering due 2031 and 2035
S&P Global completed a private offering of $1.0 billion in senior unsecured notes on December 4, 2025, comprising $600 million of 4.250% notes due 2031 and $400 million of 4.800% notes due 2035. The company intends to use the net proceeds for general corporate purposes, which may include acquisitions, debt refinancing, or repurchases of its common stock, so the deal adds to the company's debt load.
Key points
- $600 million of 4.250% Senior Notes due 2031 and $400 million of 4.800% Senior Notes due 2035 were sold.
- Notes are fully and unconditionally guaranteed by Standard & Poor's Financial Services LLC on a senior unsecured basis.
- Holders can require repurchase at 101% of principal plus accrued interest upon a Change of Control Triggering Event.
- A registration rights agreement requires the company to pursue an exchange offer, with additional interest owed if it is not completed by the 365th day after issuance.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.