Gallagher issues $1B senior notes in two tranches (5.450% due 2034, 5.750% due 2054)

Arthur J. Gallagher & Co.

$500M aggregate 5.450% Senior Notes due 2034 and $500M aggregate 5.750% Senior Notes due 2054.
Underwriting led by BofA Securities and J.P. Morgan Securities; offering closed February 15, 2024.
Notes issued under existing indenture and registered on Form S-3 shelf registration (File No. 333-277002).
Proceeds not disclosed; proceeds used for general corporate purposes (implied by shelf registration).

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