8-KOther EventsExhibits & Filings

Aon plc 8-K Report, Corporate Update (May 27, 2014)

Filed May 27, 2014For Securities:AON

Summary

This Form 8-K filing by Aon plc, dated May 27, 2014, reports on the company's successful offering of senior notes. Specifically, Aon plc issued $250 million in 3.500% Senior Notes due 2024 and $550 million in 4.600% Senior Notes due 2044, totaling $800 million in aggregate principal amount. These notes are guaranteed by Aon Corporation. The net proceeds from this offering are estimated to be approximately $790.3 million, after deducting underwriting discounts and offering expenses. Aon plc intends to use these proceeds for general corporate purposes. This debt issuance provides Aon with additional capital, likely to support its ongoing operations, strategic initiatives, or to refinance existing debt.

Key Highlights

  • 1Aon plc completed an offering of $800 million in aggregate principal amount of senior notes.
  • 2The offering consisted of $250 million of 3.500% Senior Notes due 2024 and $550 million of 4.600% Senior Notes due 2044.
  • 3Aon Corporation is providing a full and unconditional guarantee for these notes.
  • 4The net proceeds from the offering are approximately $790.3 million.
  • 5Proceeds are intended for general corporate purposes.
  • 6The offering was conducted under a previously filed registration statement on Form S-3.
  • 7Key underwriters included Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Morgan Stanley & Co. LLC.

Frequently Asked Questions

This 8-K filing announces and provides details regarding Aon plc's recent offering of $800 million in senior notes, including the principal amounts, interest rates, maturity dates, and intended use of proceeds.

Aon plc raised $800 million in aggregate principal amount from the sale of its senior notes. After accounting for fees and expenses, the net proceeds are expected to be approximately $790.3 million.

The company intends to use the net proceeds from this offering for general corporate purposes.

Yes, Aon Corporation, a subsidiary of Aon plc, is providing a full and unconditional guarantee for the issued Senior Notes.