TPG Priced $500M Senior Notes Due 2036

TPG announced the pricing of $500M of 5.375% senior notes due 2036, with the offering expected to close on August 14. The notes were priced at 100% of their principal amount, with an effective yield to maturity of 5.375%. The proceeds from the offering will be used to repay a portion of the company's outstanding debt and for general corporate purposes.

TPG Inc. (TPG) has successfully priced a $500 million public offering of 5.375% senior notes due 2036. The notes, which are expected to close on August 14, 2025, were priced at 100% of their principal amount, resulting in an effective yield to maturity of 5.375%. The proceeds from this offering will be used to repay a portion of the company's outstanding debt and for general corporate purposes [1].

The notes, which are fully and unconditionally guaranteed by TPG and certain of its subsidiaries, will bear interest at a rate of 5.375% per year, payable semi-annually in arrears on January 15 and July 15 of each year, beginning on January 15, 2026 [2]. The offering is being managed by a group of prominent financial institutions, including Morgan Stanley & Co. LLC, BofA Securities, Inc., Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, and others [2].

TPG, a leading global alternative asset management firm, is using this funding to support its ongoing operations and strategic initiatives. The company's strong financial performance and diversified investment strategies have positioned it well to manage its debt and continue to grow its asset base [4].

The pricing of these notes aligns with TPG's strategy to secure favorable financing terms and maintain its financial flexibility. As the company continues to navigate the capital markets, this offering is a testament to its robust financial health and investor confidence.

References:
[1] https://www.rttnews.com/3564712/tpg-prices-public-offering-of-500-mln-of-5-375-senior-notes-due-2036.aspx
[2] https://www.stocktitan.net/news/TPG/tpg-announces-pricing-of-senior-hvs0dl1q1vbi.html
[4] https://seekingalpha.com/news/4480626-tpg-outlines-record-63b-dry-powder-and-targets-accelerated-2025-capital-raising-while