S&P Global's Mobility Division Launches $2 Billion Senior Notes Offering
Mobility Global Inc., the spin-off division of S&P Global (SPGI), has launched a private senior notes offering totaling $2 billion across three tranches with maturities in 2029, 2031, and 2036. The move follows strong Q1 results for SPGI, including revenue growth to $4.171 billion and an adjusted operating margin of 51.8%. JPMorgan raised its price target on S&P Global following the positive earnings report.
Topics: Mobility division spin-off S&P Global senior notes offering