Baker Hughes Issues Senior Notes

BY MT Newswires | CORPORATE | 05:44 PM EDT

05:44 PM EDT, 03/11/2026 (MT Newswires) -- Baker Hughes (BKR) said late Wednesday it has issued $6.50 billion in debt consisting of five tranches of senior unsecured notes, including $500 million of 4.050% notes due 2029.

The firm said it also issued 3 billion euros ($3.47 billion) in debt consisting of four tranches of senior unsecured notes, including 600 million euros of 3.226% notes due 2030.

Net proceeds will be used to help fund the takeover of Chart Industries (GTLS) , according to the company.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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