We advised Mobility Global on the facility

Davis Polk advised Mobility Global Inc., a subsidiary of S&P Global Inc., as borrower in connection with its $500 million five-year unsecured revolving credit facility. The facility will be available for general corporate purposes, subject to the satisfaction of certain conditions customary for financings of this type. The facilities were established in connection with the spinoff of S&P Global Inc.’s S&P Global Mobility business.

S&P Global is a financial intelligence company providing benchmarks and ratings, analytics and data and research services for the capital, commodities and commercial markets worldwide.

The spin-off entity, Mobility Global, is a globally recognized pioneer and leader in automotive data, solutions and insights that provides mission-critical offerings that span the entire vehicle and consumer purchasing lifecycles, enabling its original equipment manufacturer and dealer customers to anticipate change and make informed decisions in a large, complex and dynamic industry.

The Davis Polk sponsor finance team included partner James A. Florack and associates James Moore and Charles Nelson. The capital markets team included partner Roshni Banker Cariello and counsel Arisa Akashi Sin. Partner Michael Mollerus and counsel Liang Zhang provided tax advice. Counsel Will Schisa provided sanctions advice. Partner Veronica M. Wissel and counsel Joseph S. Brown provided ERISA advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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