Baker Hughes Prices $9.98 Billion in Dollar, Euro-Denominated Debt Offerings

03:53 AM EST, 03/06/2026 (MT Newswires) -- Baker Hughes (BKR) said Thursday it has priced a $6.5 billion debt offering made up of five tranches of senior unsecured notes and a 3 billion euro ($3.48 billion) debt offering that includes four tranches of senior unsecured notes.

The dollar-denominated offerings include $500 million of 4.05% senior notes due 2029, $1.25 billion of 4.35% senior notes due 2031, $750 million of 4.65% senior notes due 2033, $2 billion of 5% senior notes due 2036, and $2 billion of 5.85% senior notes due 2056.

The euro denominated offerings include 600 million euros of 3.226% senior notes due 2030; 900 million euros of 3.812% senior notes due 2034; 750 million euros of 4.193% senior notes due 2038, and 750 million 4.737% senior notes due 2046

Baker Hughes (BKR) said it plans to use the net proceeds from the offerings to help fund its acquisition of Chart Industries.

The offerings are expected to close on Tuesday.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.