STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE:IT) announced the pricing of its offering of $800 million 3.750% Senior Notes due 2030. Subject to customary closing conditions, Gartner anticipates that the offering of the New Notes will be completed on September 28, 2020 and expects to receive net proceeds of approximately $792 million. Gartner intends to use the net proceeds from the offering of the New Notes, together with cash on hand, to (i) redeem all $800 million of its 5.125% senior notes due 2025, and (ii) pay related fees and expenses. There can be no assurance that the proposed offering of the New Notes will be completed.

The New Notes will be sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended, and outside the United States only to non-U.S. persons in accordance with Regulation S under the Securities Act. The New Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Gartner also announced that it has given notice of its intention to redeem all of the outstanding $800 million principal amount of its 2025 Notes (CUSIP Numbers 366651AB3 and U33791AA9) on September 28, 2020 (the “Redemption Date”). The 2025 Notes will be redeemed at a redemption price (the “Redemption Price”) currently estimated to be 103.844% of the principal amount of the 2025 Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date.