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
Tesla's next electric car Model 3 is aimed at the masses with a price tag that could go below $30,000. Tesla CEO Elon Musk, during an earnings call, confirmed that the Model 3 will start selling for "around $35k," and reservations will start from March 31 in Tesla stores and online on April 1 for... Advanced Disposal Services Inc. joins the growing list of companies to postpone their initial public offering amid the volatility in stock markets. Breakfast and snack food giant Kellogg Co. on Thursday reported a loss for the fourth quarter that narrowed from last year as lower revenues were more than offset by a decline in costs and expenses. Adjusted earnings per share for the quarter topped analysts' estimates, while revenue fell short of expectations. Looking ahead, the company affirmed its financial outlook for fiscal 2016.
comments powered by Disqus
RELATED NEWS
Trade MMC now with 
Follow RTT