S&P Global Inc

NYSE:SPGI  
343.32
+6.26 (+1.86%)
Other Pre-Announcement

S&P Global Suspends 2022 Financial Guidance

Published: 06/01/2022 11:59 GMT
S&P Global Inc (SPGI) - S&p Global Suspends 2022 Financial Guidance Due to Extraordinarily Weak Market Conditions for Its Ratings Business; Expects to Re-introduce With Second Quarter 2022 Earnings Results.
S&p Global Inc - Debt Issuance Volumes Have Been Extraordinarily Weak Year-to-date.
S&p Global Inc - at This Point, Co Does Not Expect a Change to Its Previously Stated Capital Return Targets.
S&p Global Inc - Should Debt Issuance Volumes Weakeness Continue Through End of 2022, Market Issuance Could See Year-over-year Declines in High Teens.
S&p Global - Rated, Or Billed, Issuance Could Be About 30-35% Lower Than the Previous Year If Debt Issuance Volumes Are Extraordinarily Weak Through 2022.
S&p Global Inc - Leveraged Loan Volumes Could Be Approximately 40% Lower If Debt Issuance Volumes Are Extraordinarily Weak Through 2022.
S&p Global Inc - Would Expect Ratings Adjusted Operating Margin in High 50s Range If Debt Issuance Volumes Are Extraordinarily Weak Through 2022.
S&p Global Inc - Ratings Revenue Could Be Negatively Impacted by As Much As $600 Million, If Debt Issuance Volumes Weakness Continue Through End of 2022.