Baker Hughes priced $6.5 billion of senior unsecured notes in US dollars across five tranches—$500 million due 2029 at 4.050%, $1.25 billion due 2031 at 4.350%, $750 million due 2033 at 4.650%, $2 billion due 2036 at 5.000%, and $2 billion due 2056 at 5.850%—and €3 billion of euro notes in four tranches—€600 million due 2030 at 3.226%, €900 million due 2034 at 3.812%, €750 million due 2038 at 4.193%, and €750 million due 2046 at 4.737%.

The net proceeds from the offerings will fund a portion of the cash consideration for Baker Hughes’ planned acquisition of all outstanding shares of Chart Industries, reducing the need for alternate financing sources and aligning with the company’s strategic expansion in energy infrastructure.

Each series of notes includes a special mandatory redemption feature at 101% of principal if the Chart Industries acquisition is not consummated, creating an incentive to close the transaction by the scheduled date and protecting investors from extended execution risk.

The offerings are expected to close on March 11, 2026, subject to customary conditions, with the notes issued by Baker Hughes Holdings LLC and its co-obligor subsidiary, fully and unconditionally guaranteed by Baker Hughes Company.