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Marsh & McLennan prices $600M note offering

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Marsh & McLennan prices $600M note offering

Marsh & McLennan Cos. Inc. has priced $600 million of 4.200% senior notes due 2048.

The offering is expected to close March 1.

The company plans to use the net proceeds for general corporate purposes.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Barclays Capital Inc. and HSBC Securities (USA) Inc. are acting as joint book-running managers for the offering. BNY Mellon Capital Markets LLC, GC Securities, RBC Capital Markets LLC, TD Securities (USA) LLC and Wells Fargo Securities LLC are acting as co-managers.