Published on 12/1/2016 in the Prospect News Private Placement Daily.
New Issue: Arthur J. Gallagher places $100 million of 3.46% senior notes due 2027
By Devika Patel
Knoxville, Tenn., Dec. 1 – Arthur J. Gallagher & Co. completed a private placement of $100 million of 3.46% senior series T notes due 2027 with PGIM, Inc. on Dec. 1, according to an 8-K filed Thursday with the Securities and Exchange Commission.
Itasca, Ill.-based Arthur J. Gallagher is an insurance brokerage and risk management services company.
| Issuer: | Arthur J. Gallagher & Co.
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| Issue: | Senior series T notes
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| Amount: | $100 million
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| Maturity: | 2027
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| Coupon: | 3.46%
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| Investor: | PGIM, Inc.
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| Settlement date: | Dec. 1
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| Distribution: | Private placement
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