debt
confidence high
sentiment neutral
materiality 0.70
Aon issues $6.0B in senior notes to fund NFP acquisition
Aon plc
- Total $6.0B senior notes issued: $4.0B in NFP Acquisition Notes (5.125%-5.450%, maturities 2027-2034) and $2.0B 5.750% notes due 2054.
- Net proceeds approx. $5.93B; proceeds to fund NFP acquisition, repay/refinance NFP debt, and for general corporate purposes.
- If NFP acquisition not consummated by Dec 19, 2024 (or extended termination), NFP Acquisition Notes must be redeemed at 101% of principal plus interest.
- Notes fully and unconditionally guaranteed jointly and severally by Aon plc and certain subsidiaries.