ServiceNow expects to close a $4.0 billion offering of senior unsecured notes. The transaction is scheduled to finalize on or about May 15, 2026.
The offering consists of five distinct series of notes. Maturities for these instruments range from 2028 to 2056. Interest rates are set between 4.250% and 6.300%.
ServiceNow estimates net proceeds will total approximately $3.944 billion. The company intends to use the capital to repay its term loan facility.
This loan previously financed the strategic acquisition of Armis. The new notes rank equally with all other senior unsecured debt.