TPG (TPG) Prices $600M Notes Offering

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Go back to TPG (TPG) Prices $600M Notes Offering

TPG Announces Pricing of Senior Notes

February 29, 2024 5:25 PM EST

SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)-- TPG Inc. (TPG or the Company) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the Issuer), an indirect subsidiary of TPG, priced a registered public offering of $600 million aggregate principal amount of 5.875% senior notes due 2034 (the notes). The notes will be fully and unconditionally guaranteed by TPG and certain of the Issuers direct subsidiaries. The offering is expected to close on March 5, 2024, subject to the satisfaction of customary closing conditions.

The notes will bear interest at a rate... More