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
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