debt
confidence high
sentiment neutral
materiality 0.55
Gartner completes $800M senior notes offering: 4.950% notes due 2031 and 5.600% notes due 2035
GARTNER INC
- $350M of 4.950% Senior Notes due 2031 and $450M of 5.600% Senior Notes due 2035 issued.
- Net proceeds of ~$794.8M after underwriting discounts; use includes repaying credit facility and general purposes.
- Remaining proceeds may be used for general corporate purposes, including potential share repurchases.
- Notes are senior unsecured obligations; redeemable at Gartner’s option under certain conditions.