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Marsh & McLennan Plans $250 Mln Senior Notes Offering

Marsh & McLennan Companies, Inc. (MMC: Quote) 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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