Software Firm ServiceNow Plans to Raise $4 Billion in Bond Sale
The ServiceNow headquarters in Santa Clara, California.
Photographer: David Paul Morris/BloombergSoftware company ServiceNow Inc. is looking to raise about $4 billion from a potential US high-grade bond sale tied to the software firm’s recent acquisitions.
Barclays Plc, Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. arranged calls with investors on Monday, according to people with knowledge of the matter, who asked not to be identified because they’re not authorized to speak publicly. A bond offering may follow, though plans could change, they said.