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S&P Global (SPGI) Stock News, Mar 4-9, 2022

SPGI NYSE

S&P Global Inc. reports company news across data, benchmarks and analytics for capital, commodity and automotive markets. Coverage includes its credit ratings and market intelligence businesses, S&P Global Energy and Platts price assessments, and S&P Global Mobility products such as CARFAX vehicle history reports, listings, car care tools and recall data.

Recurring updates also include investor conference appearances, product and data launches, board and governance changes, and corporate-status developments involving the Mobility division.

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S&P Global Ratings has announced the suspension of its commercial operations in Russia due to safety concerns for its personnel. The company will continue to support its existing ratings analytically from outside the country and has implemented a comprehensive business continuity plan. Importantly, this move does not constitute a rating action. S&P Global Ratings remains a leading provider of independent credit ratings globally and emphasizes its commitment to delivering essential market intelligence.

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S&P Global has announced the suspension of its commercial operations in Russia due to the ongoing invasion of Ukraine. The company, a key provider of independent news, research, and analytics, will continue to deliver critical information on Russian markets to help clients make informed decisions. S&P Global emphasizes its commitment to supporting its employees during this transition, asserting that their wellbeing is a primary concern. The company remains focused on providing essential intelligence to assist organizations in navigating global market challenges.

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The 2022 Asia Pacific Fintech Market Report from S&P Global Market Intelligence reveals that venture capital investments in APAC-based fintechs hit a record $15.69 billion in 2021, more than doubling from $5.87 billion in 2020. The surge in digital payments amid the pandemic fueled this growth, with banks losing $778 million in interchange revenue in Southeast Asia. Despite anticipated interest rate hikes impacting the venture capital landscape, mature fintechs are expected to attract continued investments, with a strong outlook for mergers and acquisitions.

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S&P Dow Jones Indices has updated the market capitalization eligibility criteria for the S&P Composite 1500 Indices as of March 4, 2022. The new thresholds are now set at US$ 14.6 billion or more for the S&P 500, US$ 3.7 billion to US$ 14.6 billion for the S&P MidCap 400, and US$ 850 million to US$ 3.7 billion for the S&P SmallCap 600. These criteria will be reviewed quarterly to align with market conditions. Notably, these changes affect new additions to the indices, not existing constituents.

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Douglas L. Peterson, President and CEO of S&P Global (NYSE: SPGI), will be a speaker at the RBC 2022 Global Financial Institutions Conference on March 9, 2022, from 8:00 a.m. to 8:30 a.m. (EST). This event will include a webcast of the discussion, which may contain forward-looking insights. A replay will be accessible approximately 12 hours post-event, lasting until March 8, 2023. S&P Global provides essential intelligence for informed decision-making across various markets.

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S&P Global (NYSE: SPGI) CEO Douglas L. Peterson will participate in the Raymond James & Associates' 43rd Annual Institutional Investors Conference on March 7, 2022, from 8:05 a.m. to 8:35 a.m. (EST). The discussion will be available via webcast, allowing viewers to access forward-looking information. The replay will be accessible about 12 hours post-event and will remain online until March 6, 2023. S&P Global provides critical intelligence and analytics, aiding businesses and governments in decision-making.

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S&P Global (NYSE: SPGI) announced a conditional notice of redemption for $1.3 billion of its Senior Notes, including 4.125% Notes due 2023, 3.625% due 2024, and 4.000% due 2026. The redemption is set for March 19 and March 24, 2022, respectively, contingent upon completing a new senior notes offering. The redemption price will include the outstanding principal, a make-whole premium, and accrued interest. This press release does not serve as an official notice of redemption.

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FAQ

What is the current stock price of S&P Global (SPGI)?

S&P Global (SPGI) last closed at $395.18.

What is the market cap of S&P Global (SPGI)?

The market cap of S&P Global (SPGI) is approximately $116.5B.