S&P’s Mobility Unit to Sell $2 Billion of Notes Ahead of Spinoff

S&P Global Inc. said on Monday that its Mobility Global unit will sell $2 billion of notes ahead of a planned spinoff of the business.

To be offered are notes maturing in three, five and 10 years, according to a statement. It also said that Mobility Global has entered a $500 million senior unsecured revolving credit facility.