Marsh prices €1.2 billion senior notes due 2032 and 2036
Marsh (MRSH) priced a €1.2 billion senior note offering consisting of two tranches. One tranche of €600 million carries a 4.250% coupon and matures in 2032, while the second €600 million tranche carries a 4.625% coupon and matures in 2036. The notes are being sold for general corporate purposes and the closing is expected on October 27 2026. Merrill Lynch International, Deutsche Bank AG and Barclays act as joint book‑runners.
Why it matters
The new debt adds €1.2 billion to Marsh’s liabilities, potentially affecting its leverage ratios and credit profile. Investors holding the notes will receive fixed‑rate coupons through 2032 and 2036.
Key facts
- 1Marsh priced €1.2 billion of senior notes. investing.com
- 2The notes consist of €600 million at 4.250% due 2032 and €600 million at 4.625% due 2036. investing.com
- 3Merrill Lynch International, Deutsche Bank AG and Barclays are joint book‑runners. investing.com
- 4Proceeds will be used for general corporate purposes. investing.com
- 5Closing of the notes is expected on October 27 2026. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.