Willis North America Inc. issues $750M 5.350% Senior Notes due 2033

WILLIS TOWERS WATSON PLC

Issued $750M aggregate principal of 5.350% Senior Notes due May 15, 2033.
Net proceeds of approx. $742M; will repay $250M of Trinity Acquisition's 4.625% notes due 2023.
Notes are senior unsecured obligations guaranteed by WTW and other subsidiaries.
Interest payable semi-annually on May 15 and Nov 15, starting Nov 15, 2023.
Remaining proceeds for general corporate purposes.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WILLIS TOWERS WATSON PLC entered into Sixth Supplemental Indenture with Computershare Trust Company, National Association valued at $750,000,000 aggregate principal amount (effective 2023-05-17).

Action: entry
Agreement: notes offering
Counterparty: Computershare Trust Company, National Association
Value: $750,000,000 aggregate principal amount
Effective: 2023-05-17

Exact text from the filing

The Notes were issued pursuant to a base indenture, as amended, supplemented or otherwise modified from time to time, dated as of May 16, 2017, among the Issuer, the Guarantors and Computershare Trust Company, National Association (the “Trustee”), as successor to Wells Fargo Bank, National Association, as trustee, as amended by the sixth supplemental indenture, dated as of May 17, 2023, among the Issuer, the Guarantors and the Trustee (the “Sixth Supplemental Indenture”).

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WILLIS TOWERS WATSON PLC filing history →

Source: SEC EDGAR

accession 0001193125-23-147140

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