Marsh & McLennan Companies’ $600 Million Senior Notes Offering

Willkie represented the underwriters, led by joint book-running managers Citigroup, Goldman Sachs, Barclays Capital and HSBC, in the transaction.

Marsh & McLennan Companies, Inc. (NYSE: MMC) completed its $600 million offering of 4.200% senior notes due 2048. Willkie represented the underwriters, led by joint book-running managers Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Barclays Capital Inc. and HSBC Securities (USA) Inc., in the transaction. BNY Mellon Capital Markets, LLC, GC Securities, a division of MMC Securities LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC acted as co-managers for the offering.

Pricing of the notes offering was announced on February 27 and proceeds will be used for general corporate purposes. With annual revenue over $14 billion, Marsh & McLennan is the world’s leading professional services firm in the areas of risk, strategy and people. The company’s nearly 65,000 colleagues advise clients in over 130 countries.

The transaction was handled by partners Jeffrey Hochman (Picture) and David Boston, counsel Martin Miller and associates James Rosenthal and William Halaby.

Involved fees earner: Jeffrey Hochman – Willkie Farr & Gallagher; David Boston – Willkie Farr & Gallagher; Martin Miller – Willkie Farr & Gallagher; James Rosenthal – Willkie Farr & Gallagher; William Halaby III – Willkie Farr & Gallagher;

Law Firms: Willkie Farr & Gallagher;

Clients: Barclays Capital; Citigroup Inc.; Goldman, Sachs & Co.; HSBC;


Author: Ambrogio Visconti