MARSH MCLENNAN: Marsh McLennan Announces Pricing of $1.6 Billion Senior Notes Offering
September 07 2023 - 2:00AM
UK Regulatory
TIDMMHM
Marsh McLennan (NYSE: MMC) (the "Company") announced today that
it has priced $600,000,000 aggregate principal amount of its 5.400%
Senior Notes due 2033 (the "2033 Notes") and $1,000,000,000
aggregate principal amount of its 5.700% Senior Notes due 2053 (the
"2053 Notes" and, together with the 2033 Notes, the "Notes"). The
Company intends to use the net proceeds from the Notes offering for
general corporate purposes. The closing of the Notes offering is
expected to occur on September 11, 2023, subject to the
satisfaction of certain customary closing conditions.
BofA Securities, Inc., Citigroup Global Markets Inc. and J.P.
Morgan Securities LLC are acting as joint book-running managers for
the 2033 Notes, and BofA Securities, Inc., Citigroup Global Markets
Inc. and Deutsche Bank Securities Inc. are acting as joint
book-running managers for the 2053 Notes.
An effective shelf registration statement related to the Notes
has previously been filed with the Securities and Exchange
Commission (the "SEC"). The offering and sale of the Notes are
being made by means of a prospectus supplement and an accompanying
base prospectus related to the offering. Before you invest, you
should read the prospectus supplement and the base prospectus for
more complete information about the issuer and this offering.
You may obtain these documents for free by visiting the SEC
website at www.sec.gov. Alternatively, copies may be obtained from
any of the underwriters at (i) BofA Securities, Inc.,
NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255, Attn:
Prospectus Department or by email at
dg.prospectus_requests@bofa.com or by telephone at 1-800-294-1322;
(ii) Citigroup Global Markets Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email
at prospectus@citi.com or by telephone at 1-800-831-9146; (iii)
Deutsche Bank Securities Inc., Attn: Debt Capital Market Syndicate,
1 Columbus Circle, New York, New York 10019, telephone:
1-800-503-4611 or (iv) J.P. Morgan Securities LLC, c/o Broadridge
Financial Solutions, Attn: Prospectus Department, 1155 Long Island
Avenue, Edgewood, NY 11717, or by telephone: 1-866-803-9204.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor does it
constitute an offer, solicitation or sale in any jurisdiction in
which such offer, solicitation or sale is unlawful.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world's leading professional
services firm in the areas of risk, strategy and people. The
Company's more than 85,000 colleagues advise clients in 130
countries. With annual revenue of over $20 billion, Marsh McLennan
helps clients navigate an increasingly dynamic and complex
environment through four market-leading businesses. Marsh provides
data-driven risk advisory services and insurance solutions to
commercial and consumer clients. Guy Carpenter develops advanced
risk, reinsurance and capital strategies that help clients grow
profitably and pursue emerging opportunities. Mercer delivers
advice and technology-driven solutions that help organizations
redefine the world of work, reshape retirement and investment
outcomes, and unlock health and well being for a changing
workforce. Oliver Wyman serves as a critical strategic, economic
and brand advisor to private sector and governmental clients.
Media contact:
Erick Gustafson
Marsh McLennan
+1 202 263 7788
erick.gustafson@mmc.com
Investor contact:
Sarah DeWitt
Marsh McLennan
+1 212 345 6750
sarah.dewitt@mmc.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20230906780659/en/
CONTACT:
Marsh McLennan
SOURCE: Marsh McLennan
Copyright Business Wire 2023
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September 07, 2023 02:00 ET (06:00 GMT)
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