SPGI 8-K — Smart Summary

On May 19, 2026, S&P Global Inc. announced the pricing of a $2,000,000,000 private offering of senior notes 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. The offering is expected to close on May 29, 2026, subject to customary closing conditions.

• S&P Global intends to separate its Mobility division from its current business by means of a spin-off to its shareholders
• Mobility Global Inc. is a recently formed holding company for S&P Global's Mobility division
• Mobility division portfolio includes CARFAX, automotiveMastermind, Polk Automotive Solutions, and Market Scan
• No specific completion date for the spin-off has been disclosed; offering expected to close May 29, 2026

• $650,000,000 aggregate principal amount of 5.050% senior notes due 2029 (2029 Notes)
• $650,000,000 aggregate principal amount of 5.450% senior notes due 2031 (2031 Notes)
• $700,000,000 aggregate principal amount of 6.050% senior notes due 2036 (2036 Notes)
• Total offering size: $2,000,000,000 in aggregate principal amount across the three tranches
• Mobility Global Inc. has also entered into a $500 million senior unsecured revolving credit facility
• Net proceeds to be deposited into escrow for benefit of holders pending satisfaction of conditions related to completion of the separation; upon separation, proceeds will finance a cash payment to S&P Global as consideration for transfer of certain assets, liabilities, and entities