SPGI 8-K — Smart Summary

On May 18, 2026, S&P Global Inc. announced the commencement of a $2,000,000,000 private offering of senior notes (due 2029, 2031, and 2036) by Mobility Global Inc., a newly formed holding company for S&P Global's Mobility division, ahead of a planned spin-off to S&P Global shareholders.

• Mobility Global Inc. is issuing $2,000,000,000 aggregate principal amount of senior notes in three tranches: 2029 Notes, 2031 Notes, and 2036 Notes
• Mobility Global Inc. has also entered into a $500 million senior unsecured revolving credit facility
• Notes offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S; not registered under the Securities Act
• Net proceeds to be deposited into escrow for benefit of holders of the Notes pending satisfaction of conditions related to completion of the separation
• Upon separation, net proceeds (after discounts and commissions) intended to finance a cash payment to S&P Global as consideration for transfer of certain assets, liabilities, and entities; remaining proceeds for fees, expenses, and general corporate purposes
• Issuer will use commercially reasonable efforts to file a registration statement to exchange the Notes for new registered notes under a registration rights agreement

• Mobility Global Inc. is a recently formed holding company for S&P Global's Mobility division
• S&P Global intends to separate the Mobility division by means of a spin-off to its shareholders
• Mobility Global's portfolio includes CARFAX, automotiveMastermind, Polk Automotive Solutions, and Market Scan