What was the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing was to announce the pricing of a $700 million senior notes offering and to reaffirm the company's 2015 adjusted diluted earnings per share guidance.

How will the new debt issuance affect the company's financial performance in 2015?

The $700 million in senior notes will result in an estimated incremental pre-tax interest expense of approximately $18 million for the full year 2015. However, the company reaffirmed its adjusted diluted earnings per share guidance, suggesting this expense is factored into their outlook.

What is the significance of the company's former name, McGraw Hill Financial, Inc.?

McGraw Hill Financial, Inc. was the company's name at the time of the filing. It has since rebranded and is now known as S&P Global Inc. This is a common occurrence for publicly traded companies to update their corporate identity.

Where can investors find more detailed information about the risks facing S&P Global Inc.?

The 8-K filing itself lists numerous forward-looking statements and risk factors. For more comprehensive details, investors are directed to the 'Risk Factors' section (Item 1a) in the company's most recently filed Annual Report on Form 10-K.

SPGI 8-K: Regulation FD

Summary

On May 20, 2015, S&P Global Inc. (then operating as McGraw Hill Financial, Inc.) filed an 8-K report to disclose the pricing of a $700 million offering of 4.00% senior notes due 2025. This debt issuance is expected to result in an incremental pre-tax interest expense of approximately $18 million for the full year 2015. Despite this additional interest expense, the company reaffirmed its adjusted diluted earnings per share guidance for 2015, which remains in the range of $4.35 to $4.45.

Key Highlights

1Announced pricing of a $700 million offering of 4.00% senior notes due 2025.
2This debt issuance is expected to increase pre-tax interest expense by approximately $18 million for the full year 2015.
3Reaffirmed adjusted diluted earnings per share guidance for 2015 at $4.35 to $4.45.
4The filing was made by McGraw Hill Financial, Inc., which is the former name of S&P Global Inc.
5The report is filed under Item 7.01 (Regulation FD Disclosure), indicating public disclosure of material information.
6The company included a comprehensive list of forward-looking statements and risk factors that could affect future results.

S&P Global Inc. 8-K Report, Regulation FD Disclosure (May 20, 2015)

Summary

Key Highlights

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