Mastercard Inc. on March 26 completed an offering of $1 billion aggregate principal amount of 3.300% notes due 2027, $1.5 billion aggregate principal amount of 3.350% notes due 2030 and $1.5 billion aggregate principal amount of 3.850% notes due 2050.
The 2027 notes will mature on March 26, 2027, the 2030 notes on March 26, 2030, and the 2050 notes on March 26, 2050. Interest will be paid semiannually in arrears on March 26 and Sept. 26 of each year, beginning Sept. 26, 2020.
Citigroup Global Markets Inc., Barclays Capital Inc., BofA Securities Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., MUFG Securities Americas Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, NatWest Markets Securities Inc., SG Americas Securities LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC were joint book-running managers for the offering.
Commerz Markets LLC, ICBC Standard Bank PLC, Lloyds Securities Inc., Loop Capital Markets LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC and Santander Investment Securities Inc. served as senior co-managers. CastleOak Securities LP, Great Pacific Securities, Mischler Financial Group Inc. and Stern Brothers & Co. acted as co-managers for the offering.