Fitch rates Aon notes BBB+

Fitch Ratings said it assigned a BBB+ senior unsecured, long-term debt rating to Aon Corp.'s new issuance of senior unsecured notes due May 2, 2029.

The notes are fully and unconditionally guaranteed by the company's ultimate parent, Aon plc.

The rating is tied to Aon's existing BBB+ long-term issuer default rating.

The outlook is stable.

The proceeds will be used to pay down a portion of outstanding short-term commercial paper and for general corporate purposes, Fitch said.

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