S&P Global Inc. is lining up the finances for its planned spinoff of the Mobility Global unit. On Monday, the company announced that Mobility Global will sell $2 billion of notes maturing in three, five, and 10 years. Goldman Sachs, Morgan Stanley, and Bank of America have been tapped to organize debt investor calls ahead of the separation.

The unit has also secured a $500 million senior unsecured revolving credit facility, giving it its own borrowing capacity before going independent. The notes will be sold under Rule 144a to US investors and via Reg S to international buyers, per the announcement.

Mobility Global operates automotive data and analytics, including Carfax, and S&P flagged the spinoff last year with a target completion around mid-2026. The bond sale and credit facility position the unit as a standalone entity with its own balance sheet and investor relations.

By raising capital separately, S&P is clearing the way for Mobility Global to function independently once the split is complete. Goldman, Morgan Stanley, and Bank of America managing the debt process signals institutional confidence in the separation.