+ Create post

Marsh prices €1.2 billion of bonds across six- and ten-year maturities

Marsh ($MRSH) priced a €1.2 billion senior-note offering in two equal tranches. One €600 million issue carries a 4.250% coupon and matures in 2032; the other pays 4.625% and matures in 2036. The company expects the offering to close on October 27, subject to customary conditions, and intends to use the proceeds for general corporate purposes. The transaction provides a planned source of long-dated euro funding while adding future interest and principal obligations. Pricing does not mean the cash

0
0