Loan & DebtMay 15, 2026, 04:18 PM
ServiceNow Completes $4B Notes Offering
AI Summary
ServiceNow, Inc. completed an offering of $4 billion in aggregate principal amount of notes on May 15, 2026. The offering included five tranches with varying interest rates and maturity dates, ranging from 2028 to 2056. The company entered into an Underwriting Agreement with several financial institutions, including Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC, and issued the notes under an Indenture with U.S. Bank Trust Company, National Association as trustee.
Key Highlights
- ServiceNow completed an offering of $4,000,000,000 aggregate principal amount of notes.
- $750,000,000 of 4.250% Notes due 2028 were issued.
- $600,000,000 of 4.700% Notes due 2031 were issued.
- $650,000,000 of 5.050% Notes due 2033 were issued.
- $1,250,000,000 of 5.400% Notes due 2036 were issued.
- $750,000,000 of 6.300% Notes due 2056 were issued.
- The offering was made pursuant to a Form S-3 Registration Statement.
- Underwriting Agreement was made with Barclays Capital, Citigroup, J.P. Morgan, and Wells Fargo.
Price Impact
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