Marsh & McLennan Companies Announces Pricing of $1 Billion Senior Notes Offering
January 09 2017 - 05:05PM
Business Wire
Marsh & McLennan Companies, Inc. (the “Company”) announced
today that it has priced $500 million of 2.750% senior notes due
2022 (the “2022 Notes”) and $500 million of 4.350% senior notes due
2047 (the “2047 Notes,” together with the 2022 Notes, the “Notes”).
The Company intends to use the net proceeds for general corporate
purposes. The closing of the Notes offering is expected to occur on
January 12, 2017, subject to certain customary conditions. Merrill
Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank
Securities Inc., ANZ Securities, Inc. and U.S. Bancorp Investments,
Inc. are acting as joint book-running managers for the 2022 Notes
offering. Merrill Lynch, Pierce, Fenner & Smith Incorporated,
Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and
Morgan Stanley & Co. LLC are acting as joint book-running
managers for the 2047 Notes offering. BNP Paribas Securities Corp.,
BNY Mellon Capital Markets, LLC, Scotia Capital (USA) Inc. and The
Williams Capital Group, L.P. are acting as co-managers for the 2022
Notes offering and GC Securities, a division of MMC Securities LLC,
MUFG Securities Americas Inc., TD Securities (USA) LLC and Wells
Fargo Securities, LLC are acting as co-managers for the 2047 Notes
offering.
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 EDGAR or the SEC
website at www.sec.gov; alternatively, copies may be obtained from:
(i) Merrill Lynch, Pierce, Fenner & Smith Incorporated at
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC
28255-0001, Attention: Prospectus Department, by email at
dg.prospectus_requests@baml.com or by telephone at 1-800-294-1322
and (ii) Deutsche Bank Securities Inc., Attention: Prospectus
Group, 60 Wall Street, New York, NY 10005-2836, telephone: 1-800-
503-4611 or by email at prospectus.cpdg@db.com.
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 Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global
professional services firm offering clients advice and solutions in
the areas of risk, strategy and people. Marsh is a leader in
insurance broking and risk management; Guy Carpenter is a leader in
providing risk and reinsurance intermediary services; Mercer is a
leader in talent, health, retirement and investment consulting; and
Oliver Wyman is a leader in management consulting. With annual
revenue of approximately $13 billion and approximately 60,000
colleagues worldwide, Marsh & McLennan Companies provides
analysis, advice and transactional capabilities to clients in more
than 130 countries. The Company is committed to being a responsible
corporate citizen and making a positive impact in the communities
in which it operates.
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version on businesswire.com: http://www.businesswire.com/news/home/20170109006387/en/
MEDIA:Marsh & McLennan CompaniesLaura Schooler, +1
212-345-0370laura.schooler@mmc.comorINVESTORS:Marsh &
McLennan CompaniesKeith Walsh, +1
212-345-0057keith.walsh@mmc.com
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