Marsh Prices €1.2 Billion in Senior Notes Due 2032 and 2036

Marsh priced €1.2 billion of senior notes on Oct. 20, dividing the borrowing equally between debt due in 2032 and 2036 to raise funds for general corporate purposes. The €600 million tranche due in 2032 carries a 4.250% rate. A second €600 million tranche, due in 2036, carries a 4.625% rate. Marsh advises clients on risk, reinsurance and capital, people and investments, and management consulting. It serves clients in 130 countries, has annual revenue of $27 billion and employs more than 95,000 people. Marsh expects to complete the offering Oct. 27 if customary closing conditions are met.

Source: TokenPost