Marsh & McLennan Companies Announces Pricing of $500M Senior Notes Offering

Marsh & McLennan Companies, Inc. MMC announced today that it has priced $500 million of 4.80% senior notes due 2021. The Company intends to use the net proceeds towards the repurchase of approximately $600 million outstanding aggregate principal amount of its 5.375% Notes due 2014 and 5.750% Notes due 2015 by means of separate tender offers. The closing of the Notes offering is expected to occur on July 15, 2011, subject to certain customary conditions.
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