Marsh & McLennan Companies Announces Pricing of $750 Million Senior Notes Offering

May 5, 2020

Willkie represented BofA Securities, Citigroup Global Markets and the other joint book-running managers in the offering.

On May 4, Marsh & McLennan Companies, Inc. announced that it priced $750 million aggregate principal amount of its 2.250% Senior Notes due 2030. Willkie represented BofA Securities, Inc., Citigroup Global Markets Inc., Barclays Capital Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and TD Securities (USA) LLC as joint book-running managers for the offering. The company intends to use the net proceeds from the offering, which is expected to close on May 7, 2020, for general corporate purposes, including paying down a portion of the borrowings under its revolving credit facility.

With annual revenue of $17 billion, Marsh & McLennan is the world's leading professional services firm in the areas of risk, strategy and people. The company's 76,000 colleagues advise clients in over 130 countries.

The Willkie team was led by partner Jeffrey Hochman and included associates Amanda Burke and Ian Morganelli.