Baker Hughes Prices Multi-Currency Notes for Chart Acquisition
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Baker Hughes Company ( (BKR) ) has shared an announcement.
On March 5, 2026, Baker Hughes’ main operating subsidiary Baker Hughes Holdings LLC and its co‑obligor priced a $6.5 billion U.S. dollar senior unsecured notes offering and a €3 billion euro senior unsecured notes offering, across nine tranches maturing between 2029 and 2056. The notes, fully and unconditionally guaranteed by Baker Hughes Company, were issued under existing shelf registrations and an established indenture framework, with the offerings closing on March 11, 2026.
Baker Hughes plans to use the proceeds, alongside cash on hand and borrowings under an existing term loan, to fund part of the cash consideration for its pending acquisition of Chart Industries, Inc., pay related transaction costs, and refinance Chart’s outstanding debt. In connection with this permanent financing, the company had already terminated about $11 billion of prior bridge facility commitments effective March 11, 2025, underscoring a shift from contingent to long‑term capital market funding for the Chart transaction.
The most recent analyst rating on (BKR) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Baker Hughes Company stock, see the BKR Stock Forecast page.
Spark’s Take on BKR Stock
According to Spark, TipRanks’ AI Analyst, BKR is a Outperform.
The score is driven primarily by improved fundamentals (stronger margins, healthier leverage, and solid free cash flow) and supportive earnings momentum with record orders/backlog in IET. Technicals are bullish but stretched (high RSI/Stoch), while valuation is the main restraint due to a higher P/E and modest dividend yield.
To see Spark’s full report on BKR stock, click here.
More about Baker Hughes Company
Baker Hughes Company is a global energy technology provider serving energy and industrial customers in more than 120 countries. The company offers technologies and services aimed at making energy production and use safer, cleaner and more efficient, positioning it as a key player in the evolving energy transition and industrial efficiency markets.
Average Trading Volume: 9,164,336
Technical Sentiment Signal: Buy
Current Market Cap: $58.64B
See more insights into BKR stock on TipRanks’ Stock Analysis page.
