logo
Share SHARE
FONT-SIZE Plus   Neg

Marsh & McLennan Plans $250 Mln Senior Notes Offering

Marsh & McLennan Companies, Inc. (MMC) said Wednesday that it plans to offer $250 million in aggregate principal amount of senior notes due 2017 in a registered offering.

The company said it plans to use the net proceeds for the repayment of its existing $250 million aggregate principal amount of 6.25% senior notes due March 2012.

Barclays Capital and HSBC are acting as joint book-running managers for the offering.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The best companies make employees feel comfortable, safe and valued at their workplace. Corporate culture develops organically over time from the cumulative traits of the people hired by the company. It is a combination of values, goals and vision of an organization that dictates the way people work.... Starbucks will close all its 379 Teavana stores over the coming year, with the coffee giant saying that the stores have been "persistently underperforming." The move will impact about 3,300 employees. The company made the announcement while reporting its third-quarter financial results on Thursday. Wal-Mart Stores has disappointed Nintendo fans after it cancelled pre-orders for the Super Nintendo Entertainment System - Classic Edition, a standalone mini Super Nintendo with pre-loaded games. The console is slated to be launched later this fall.
comments powered by Disqus
Follow RTT