Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.
S&P Global Inc. (NYSE: SPGI) is a leading provider of financial intelligence, delivering critical data through its credit ratings, market analytics, and benchmark indices. This page aggregates all official company announcements, press releases, and market-moving developments in one centralized location.
Investors and professionals will find timely updates on earnings reports, strategic partnerships, regulatory filings, and leadership changes. The curated collection spans SPGI’s core divisions – including market-shaping ratings assessments, commodity insights, and index updates – providing context for how each development impacts broader financial markets.
Content is organized chronologically track corporate milestones while maintaining focus on material events. Users can efficiently monitor regulatory disclosures, merger activity, and innovation initiatives like AI-driven data tools. Bookmark this page to stay informed about SPGI’s role in shaping global capital flows and risk management practices.
S&P Global Ratings suspended its commercial operations in Russia as of March 9, 2022, and plans to withdraw all outstanding ratings on relevant issuers by April 15, 2022. This decision follows the European Union's ban on providing credit ratings to entities in Russia, announced on March 15, 2022. The withdrawals are mandatory and align with the EU deadline. S&P Global Ratings is a leading provider of independent credit ratings, crucial for market growth and transparency.
S&P Global (NYSE: SPGI) announced a notice of full redemption for its outstanding Senior Notes, including 5.000% notes due 2022 and 4.750% and 4.000% notes due 2025, effective April 20, 2022. The total principal amounts outstanding as of March 21, 2022, are $52,054,000 for the 2022 notes, $246,981,000 for the 4.750% 2025 notes, and $286,674,000 for the 4.000% 2025 notes. The redemption price will include the principal amount plus a make-whole premium and accrued interest. This announcement does not constitute an offer to buy or sell any notes.
On March 18, 2022, S&P Global (NYSE: SPGI) priced its cash tender offer for approximately $1.6 billion of its outstanding Senior Notes, including 5.000% due 2022, 4.000% due 2025, and 4.750% due 2025. The offer includes a Total Consideration determined based on pricing as of the same day, with early tender premiums applicable for validly tendered notes by March 17, 2022. The company expects to settle early on March 21, 2022. Completion relies on successful new senior note offerings and is subject to specific conditions.
S&P Global (NYSE: SPGI) announced that it received approximately $1.6 billion in valid tenders for its cash offer, which includes Senior Notes due 2022 and 2025. The offer was made for three series of notes totaling $2.23 billion as of the early tender deadline on March 17, 2022. The expected early settlement date is March 21, 2022, and the final settlement is projected for April 4, 2022. The tender offer's completion is contingent on the successful offering of new senior notes, detailed in the Offer to Purchase.
S&P Global Mobility has revised its global light vehicle production forecast for 2022 and 2023, cutting it by 2.6 million units to 81.6 million and 88.5 million, respectively. The downgrade is attributed to the ongoing conflict in Ukraine and sanctions on Russia, impacting energy prices and supply chains. The North American outlook was also reduced by 480,000 units for 2022 and 549,000 units for 2023. The semiconductor supply chain remains strained due to Ukrainian neon and Russian palladium disruptions. Overall, nearly 25 million units are now removed from forecasts through 2030.
First Mortgage Default Rate Reaches Highest Level Since March 2021
On March 15, 2022, S&P Dow Jones Indices and Experian reported an increase in the S&P/Experian Consumer Credit Default Indices. The composite rate rose by 3 basis points to 0.46%, marking the third consecutive month of increases. The first mortgage default rate climbed to 0.34%, up 3 basis points. Moreover, the bank card default rate increased to 2.15%, while auto loan defaults slightly decreased to 0.52%. Notably, New York saw the biggest jump in defaults, reaching 0.64%.
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