Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Marsh & McLennan Plans $250 Mln Senior Notes Offering

RELATED NEWS
Trade MMC now with 

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.

Click here to receive FREE breaking news email alerts for Marsh & McLennan Companies Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After moving mostly higher over the course of the previous week, stocks showed a notable move back to the downside during trading on Monday. With the drop on the day, the Dow pulled back well off last Friday's record closing high. After reporting four consecutive monthly increases, the National Association of Realtors released a report on Monday showing an unexpected drop in U.S. existing home sales in the month of August. NAR said existing home sales fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million in August. The European Central Bank remains ready to use additional unconventional tools to counter risks to the inflation outlook and to boost the euro area economy, ECB President Mario Draghi said on Monday. "The Governing Council remains fully determined to counter risks to the medium-term outlook for inflation," Draghi said in Brussels.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.