Exhibit 99.1
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| | 55 Water Street New York, NY 10041 www.spglobal.com Press Release For Immediate Release |
S&P Global Announces Redemption of Its Outstanding 5.000% Senior Notes due 2022, 4.750%
Senior Notes due 2025 and 4.000% Senior Notes due 2025
NEW YORK, March 21, 2022 – S&P Global (NYSE: SPGI) (the “Company”) announced today that it has delivered a notice of full redemption (the “Notice”) to the trustee of the Company’s 5.000% Senior Notes due 2022 (the “2022 Notes”) (CUSIP Nos. 78409VAT1 and U75091AF2 and ISINs US78409VAT17 and USU75091AF24), 4.750% Senior Notes due 2025 (the “4.750% 2025 Notes”) (CUSIP Nos. 78409VAW4 and U75091AJ4 and ISINs US78409VAW46 and USU75091AJ46) and 4.000% Senior Notes due 2025 (the “4.000% 2025 Notes” and, collectively with the 2022 Notes and the 4.750% 2025 Notes, the “Notes”) (CUSIP Nos. 78409VAD6, 78409VAC8, and U75091AA3 and ISINs US78409VAD64, US78409VAC81 and USU75091AA37).
The Notice calls for the redemption of all of the outstanding Notes (the “Redemption”) on April 20, 2022 (the “Redemption Date”). The redemption price for each series of the Notes will be equal to the outstanding principal amount on the Redemption Date of such series of the Notes plus a make-whole premium determined in accordance with the terms of such series of the Notes, plus accrued and unpaid interest thereon, to, but excluding, the applicable Redemption Date.
As of March 21, 2022, $52,054,000 aggregate principal amount of the 2022 Notes, $246,981,000 aggregate principal amount of the 4.750% 2025 Notes and $286,674,000 aggregate principal amount of the 4.000% 2025 Notes was outstanding, following the Company’s previously announced cash tender offer for any and all of its outstanding $734,098,000 aggregate principal amount of 2022 Notes, $795,818,000 aggregate principal amount of 4.750% 2025 Notes and $700,000,000 aggregate principal amount of 4.000% 2025 Notes, in each case, made pursuant to an Offer to Purchase dated March 4, 2022 (the “Offer to Purchase”). On March 21, 2022, following the expiration of the Early Tender Time (as defined in the Offer to Purchase), the Company accepted for purchase and settled Notes in an aggregate principal amount of approximately $1.6 billion.
This press release shall not constitute a notice of redemption of the Notes. Information concerning the terms and conditions of the Redemption is described in the notices distributed to holders of the Notes by the trustee under the indenture governing the Notes. This press release shall not constitute an offer to buy or a solicitation of an offer to sell any Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.
About S&P Global
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.