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Published on 3/21/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

S&P Global calls 5%, 4.75% and 4% senior notes due 2022, 2025

By William Gullotti

Buffalo, N.Y., March 21 – S&P Global Inc. delivered a conditional notice of redemption for all $585,709,000 outstanding of three of the company’s senior notes, according to an 8-K filing with the Securities and Exchange Commission.

The company reported delivering notices of redemption for its $52,054,000 outstanding 5% senior notes due 2022 (Cusips: 78409VAT1, U75091AF2), its $246,981,000 outstanding 4.75% senior notes due 2025 (Cusips: 78409VAW4, U75091AJ4) and its $286,674,000 outstanding 4% senior notes due 2025 (78409VAD6, 78409VAC8 and U75091AA3).

The redemption follows S&P Global’s previously reported early tender offer expiration on March 18.

Redemption will take place April 20 for each series at a price equal to the outstanding principal plus a make-whole premium plus accrued and unpaid interest calculated up to, but excluding, the redemption date.

S&P Global is a financial information and analytics provider with headquarters in New York.


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