{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-397203","form_type":"8-K","ticker":"AON","cik":"0000315293","company_name":"Aon plc","filed_at":"2026-09-22T10:30:50+00:00","discovered_at":"2026-09-22T10:35:00.272294+00:00","generated_at":"2026-09-22T10:35:14.800723+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Aon arranges $4B term loans to fund USI acquisition; new $3B revolver replaces two prior facilities","bullets":["$4B unsecured delayed draw term loans ($2B each tranche), maturing Sept 18, 2028 and Sept 18, 2029, fund portion of USI Advantage Corp. acquisition cash consideration.","New $3B multi-currency revolving credit facility matures Sept 18, 2031, replaces two $1B revolvers (maturing 2027 and 2028) terminated effective Sept 18, 2026.","Financial covenants: EBITDA/interest expense ratio not below 4.00:1; funded net debt/EBITDA not above 4.75:1 post-USI, stepping down to 3.50:1 over eight fiscal quarters.","Borrower is Aon North America, Inc.; guaranteed by Aon plc, Aon Corporation, Aon Global Holdings plc, and Aon Global Limited.","Rate margins based on Aon's senior unsecured long-term debt rating; loans prepayable at any time without penalty or premium."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-397203","json":"https://secwatch.observer/filing/0001193125-26-397203.json","markdown":"https://secwatch.observer/filing/0001193125-26-397203.md","text":"https://secwatch.observer/filing/0001193125-26-397203.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/315293/000119312526397203/0001193125-26-397203-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/315293/000119312526397203/d38875d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-22T10:35:14.800723+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}