Gartner Announces Pricing of its $800 Million 3.750% Senior Notes due 2030
Gartner, Inc. (IT)
Last gartner, inc. earnings: 2/4 06:00 am
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US:NYSE Investor Relations:
investor.gartner.com/investor-relations
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Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE:IT) (“Gartner,” “we” or “our”) announced the pricing of its offering of $800 million 3.750% Senior Notes due 2030 (the “New Notes”). Subject to customary closing conditions, Gartner anticipates that the offering of the New Notes will be completed on September 28, 2020 and expects to receive net proceeds of approximately $792 million. Gartner intends to use the net proceeds from the offering of the New Notes, together with cash on hand, to (i) redeem all $800 million of its 5.125% senior notes due 2025 (the “2025 Notes”), and (ii) pay related fees and expenses. There can be no assurance that the proposed offering of the New Notes will be completed.The New Notes will be sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States only to non-U.S. persons in accordance with Regulation S u
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