Aon to sell $400 million guaranteed senior notes due 2031; talk Treasuries plus 130 bps area

Chicago, Nov. 29 – Aon Corp. and Aon Global Holdings plc are expected to price guaranteed senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes are guaranteed by Aon plc and Aon Global Ltd.

According to a market source, the notes are coming as $400 million of notes due 2031 with price talk in the Treasuries plus 130 basis points area.

The notes have a make-whole call and are then redeemable at par.

Aon will apply to list the notes on the New York Stock Exchange.

J.P. Morgan Securities LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC are the joint bookrunners.

Bank of New York Mellon Trust Co., NA is the trustee.

Matheson, Sidley Austin LLP and Freshfields Bruckhaus Deringer LLP are advising the issuer.

Davis Polk & Wardwell LLP are working as counsel to the bookrunners.

Proceeds will be used for general corporate purposes.

Aon is a London-based provider of risk management, insurance and reinsurance brokerage and also human resources solutions and outsourcing services.

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