Marsh reveals plan to raise €1.1bn
The money will be used to fund its JLT acquisition, related fees and expenses, and to repay JLT debts.
Marsh & McLennan Companies is to raise €1.1bn (£942m) through issuing senior notes, an update on the London Stock Exchange revealed.
The note stated: “Marsh & McLennan Companies, Inc. announced today that it has priced €550m aggregate principal amount of its 1.349% Senior Notes due 2026 and €550m aggregate principal amount of its 1.979% Senior Notes due 2030.”
Proceeds
It continued: “The Company intends to use the net proceeds from the Notes offering, together with the net proceeds from its
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