S&P Global Stock Price, News & Analysis

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.

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.

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.

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.

S&P Global (NYSE: SPGI) has initiated a cash tender offer for all of its outstanding Senior Notes, including 5.000% Senior Notes due 2022, 4.000% Senior Notes due 2025, and 4.750% Senior Notes due 2025. The total principal amount outstanding for these notes is $734 million, $700 million, and $796 million, respectively. The early tender deadline is set for March 17, 2022, while the final deadline is March 31, 2022. The Offer is contingent upon the successful completion of a separate new senior notes offering. Detailed pricing and terms are available in the Offer to Purchase document.

S&P Global (NYSE: SPGI) announced a proposed offering of five tranches of senior notes in a private placement, subject to market conditions. These unsecured notes will be guaranteed by Standard & Poor's Financial Services LLC. The net proceeds will be used to repurchase outstanding senior notes and to cover related fees. The offering will be conducted in compliance with the Securities Act under applicable regulations. Completion of this offering is not contingent upon the completion of a separate tender offer or redemption of existing notes.

S&P Dow Jones Indices revealed that job listings at S&P 500 companies rose by 3.8% year-to-date as of February 21, 2022. The Utilities, Energy, and Financial sectors showed the highest growth in job listings, with increases of 20.1%, 17.4%, and 16.3% respectively. Notably, the Energy sector led the market with a 19.9% return this year. In contrast, Consumer Staples exhibited modest job growth at 0.19% YTD and -1.65% in February. The data, collated by LinkUp, emphasizes the job market trends impacting S&P 500 members in 2022.