secwatch.observer — SEC 8-K summary
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Issuer:     Aon plc (AON)
CIK:        0000315293
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001193125-23-261702
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aon enters $1B revolver, replaces $750M facility, maturity 2028
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/0001193125-23-261702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315293/000119312523261702/d554372d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-261702

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