Marsh McLennan $1.6 billion senior notes offering
We advised Marsh McLennan on its investment-grade notes offering
Davis Polk advised Marsh McLennan in connection with its SEC-registered offering of $600 million of its 5.400% senior notes due 2033 and $1 billion of its 5.700% senior notes due 2053. The company will use the net proceeds from the offering for general corporate purposes.
Marsh McLennan is the world’s leading professional services firm in the areas of risk, strategy and people. The company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes and unlock health and well-being for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand adviser to private sector and governmental clients.
The Davis Polk capital markets team included partner Richard D. Truesdell Jr., counsel Jennifer Ying Lan and associate Logan Crossley. Partner William A. Curran and associate Charles Collier provided tax advice. Counsel Matthew R. Silver provided Investment Company Act advice. All members of the Davis Polk team are based in the New York office.