{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-261702","form_type":"8-K","ticker":"AON","cik":"0000315293","company_name":"Aon plc","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.621665+00:00","generated_at":"2026-06-09T14:56:58.501095+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Aon enters $1B revolver, replaces $750M facility, maturity 2028","bullets":["New $1B unsecured revolver matures Oct 19, 2028; replaces $750M facility that was to mature Oct 2024.","Amendment No. 2 extends 2021 revolver termination from Sept 2026 to Sept 2027 and adjusts pricing.","Borrowers include Aon plc, Aon Corp, Aon Global Holdings, Aon Global Ltd; guarantor Aon North America.","Financial covenants: EBITDA/interest >=4.0x, funded debt/EBITDA <=3.25x.","Citibank is administrative agent; Morgan Stanley and HSBC as syndication agents."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-261702","json":"https://secwatch.observer/filing/0001193125-23-261702.json","markdown":"https://secwatch.observer/filing/0001193125-23-261702.md","text":"https://secwatch.observer/filing/0001193125-23-261702.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/0001193125-23-261702-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/d554372d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T14:56:58.501095+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ca9e887a85ac7feb3e6d2bb25b7ce9d302087ac","claim":"Aon plc incurred revolving credit of $1,000,000,000 with Citibank, N.A. at adjusted term SOFR rate or an alternate base rate, in each case, plus an applica maturing October 19, 2028.","evidence_excerpt":"the Revolving Lenders committed to provide a $1,000,000,000 unsecured revolving credit facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/0001193125-23-261702-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1,000,000,000"},{"label":"Counterparty","value":"Citibank, N.A."},{"label":"Rate","value":"adjusted term SOFR rate or an alternate base rate, in each case, plus an applica"},{"label":"Maturity","value":"October 19, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"545c54fa9cfa8bb6ccec3b08f833e1b16df7afd3","claim":"Aon plc terminated Prior Revolving Credit Agreement with Parent, Aon US, AGH, and AGL valued at $750,000,000 revolving credit facility (effective 2023-10-19).","evidence_excerpt":"The Revolving Credit Agreement replaces the $750,000,000 revolving credit facility of Parent, Aon US, AGH, and AGL dated as of October 19, 2017, which was scheduled to mature on October 19, 2024.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/0001193125-23-261702-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Parent, Aon US, AGH, and AGL"},{"label":"Value","value":"$750,000,000 revolving credit facility"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"},{"claim_id":"5c492f1a4a35ee25b5d85c911c42c54908273c1e","claim":"Aon plc entered into Revolving Credit Agreement with Citibank, N.A., as administrative agent, the lenders party thereto, Morgan Stanley Senior Funding, Inc. and HSBC Bank USA, National Association, as syndication agents, and Citibank, Morgan Stanley Senior Funding, Inc. and HSBC Securities (USA) Inc., as joint lead arrangers and joint bookrunners valued at $1,000,000,000 unsecured revolving credit facility (effective 2023-10-19).","evidence_excerpt":"On October 19, 2023, Aon plc (“Parent”), Aon Corporation (“Aon US”), Aon Global Holdings plc (“AGH”), Aon Global Limited (“AGL”) and Aon North America, Inc. (“ANA”) entered into a Credit Agreement (the “Revolving Credit Agreement”) with Citibank, N.A. (“Citibank”), as administrative agent, the lenders party thereto (collectively, the “Revolving Lenders”), Morgan Stanley Senior Funding, Inc. and HSBC Bank USA, National Association, as syndication agents, and Citibank, Morgan Stanley Senior Funding, Inc. and HSBC Securities (USA) Inc., as joint lead arrangers and joint bookrunners, pursuant to which, subject to the conditions set forth in the Revolving Credit Agreement, the Revolving Lenders committed to provide a $1,000,000,000 unsecured revolving credit facility.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/0001193125-23-261702-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent, the lenders party thereto, Morgan Stanley Senior Funding, Inc. and HSBC Bank USA, National Association, as syndication agents, and Citibank, Morgan Stanley Senior Funding, Inc. and HSBC Securities (USA) Inc., as joint lead arrangers and joint bookrunners"},{"label":"Value","value":"$1,000,000,000 unsecured revolving credit facility"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"},{"claim_id":"f0c787d39faa0aa16649b62dd63b8f3756fbe7fc","claim":"Aon plc amended Amendment No. 2 to the Credit Agreement with Parent, Aon US, Aon UK Limited, AGH, AGL, ANA, Citibank, as administrative agent, and the other parties thereto (effective 2023-10-19).","evidence_excerpt":"Also on October 19, 2023, Parent, Aon US, Aon UK Limited (“AUKL”), AGH, AGL, ANA, Citibank, in its capacity as administrative agent, and the other parties thereto entered into Amendment No. 2 to the Credit Agreement (the “Amendment”) with respect to the Credit Agreement, dated September 28, 2021","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/0001193125-23-261702-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Parent, Aon US, Aon UK Limited, AGH, AGL, ANA, Citibank, as administrative agent, and the other parties thereto"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}