S&P Mobility Unit Raises $2B in Debt Ahead of 2026 Spinoff

Key Details S&P Global's Mobility unit is raising $2 billion through a debt offering to prepare for its planned spinoff. The company will issue notes with maturity dates of three, five, and 10 years to both U.S. and international investors. Goldman Sachs, Morgan Stanley, and Bank of America are leading the debt offering process. Financial Preparation Mobility Global has also secured a $500 million revolving credit facility to support operations post-spinoff. The $2 billion in notes will provide additional capital as the business transitions to independence. These financial moves position the unit for stability during and after the separation from S&P Global. What Mobility Does Mobility Global specializes in automotive data and analytics, with Carfax as its flagship product. Carfax maintains comprehensive vehicle repair and service histories for cars across the country. The unit represents a significant standalone business worth billions in value. Why It Matters S&P Global announced the spinoff plan last year, with completion expected in mid-2026. Securing debt financing early gives Mobility Global financial flexibility and independence. For drivers, this transition ensures continued access to trusted vehicle history data from a well-funded, focused company.