TPG Prices $500 Mln Senior Notes Due 2036

TPG Inc. has priced a registered public offering of $500 million of 5.375% senior notes due 2036. The offering is expected to close on August 14, 2025, and the net proceeds will be used to repay debt under a revolving credit facility and for general corporate purposes. Interest on the notes will be payable semi-annually at a rate of 5.375% per year.

TPG Inc. (TPG) has priced a registered public offering of $500 million of 5.375% senior notes due 2036. The offering is expected to close on August 14, 2025, and the net proceeds will be used to repay debt under a revolving credit facility and for general corporate purposes. Interest on the notes will be payable semi-annually at a rate of 5.375% per year.

The notes, which are fully and unconditionally guaranteed by TPG and certain of its direct subsidiaries, will be offered under the company’s existing shelf registration statement filed with the Securities and Exchange Commission (SEC) on February 27, 2024. Morgan Stanley & Co. LLC, BofA Securities, Inc., Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and TPG Capital BD, LLC are acting as joint book-running managers for the offering. Barclays Capital Inc., BMO Capital Markets Corp., CIBC World Markets Corp., Citigroup Global Markets Inc., Citizens JMP Securities, LLC, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Loop Capital Markets LLC, SMBC Nikko Securities America, Inc., SG Americas Securities, LLC, Standard Chartered Bank, TD Securities (USA) LLC, UBS Securities LLC, U.S. Bancorp Investments, Inc., Academy Securities, Inc., Cabrera Capital Markets LLC, Siebert Williams Shank & Co., LLC, and Tigress Financial Partners LLC are acting as co-managers for the offering.

Investors interested in the offering are advised to review the prospectus in the shelf registration statement and the documents incorporated by reference therein, as well as the prospectus supplement filed with the SEC for more complete information about the company and the offering. Copies of the prospectus and related prospectus supplement relating to the offering may be obtained from the specified prospectus departments or by visiting the SEC’s website at www.sec.gov.

References:
[1] https://finance.yahoo.com/news/tpg-announces-pricing-senior-notes-215500698.html
[2] https://www.nasdaq.com/articles/tpg-prices-public-offering-500-mln-5375-senior-notes-due-2036
[3] https://www.morningstar.com/news/business-wire/20250811197996/tpg-announces-pricing-of-senior-notes