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Form 8-K · Current Report · Filed 2024-11-08

Marsh & McLennan Companies Announces New Debt Issuance

On November 8, 2024, Marsh & McLennan Companies, Inc.

Filer
Marsh & McLennan Companies, Inc. MMC · NYSE
Filed
Accession
0001193125-24-254168
CIK
0000062709
Signal
Medium impactFinancial Services

Details

announced the issuance of multiple tranches of senior notes totaling $6,700 million through an underwriting agreement with several financial institutions. The notes, with varying maturities and interest rates, were issued under the company's shelf registration statement and subject to the terms of an indenture with The Bank of New York Mellon as trustee.

Items reported

Item 8.01

Other Events

Share Repurchase Program Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$223.18

Next session

+0.3%

Since filing

-20.2%

Latest close

$178.18

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MMC reporting the same item, with the next session's move:

Exhibits (4)

About Marsh & McLennan Companies, Inc.

Marsh & McLennan Companies, Inc. is a global professional services firm that operates through two primary business segments: Risk and Insurance Services and Consulting. The company's core function is to provide clients with comprehensive risk management services, insurance brokerage, reinsurance, and investment advisory, aimed at optimizing their risk profiles and ensuring consistent growth with minimized disruptions. Through its subsidiaries, Marsh and Guy Carpenter, the firm offers risk assessment, transfer, and management solutions across numerous industries, including financial institutions, healthcare, and energy sectors. In the Consulting segment, Marsh & McLennan, through Mercer and Oliver Wyman, delivers strategic consulting in human resources, health and benefits, wealth management, and economic advisory services. Established in 1871, with its headquarters in New York City, the company holds a significant market position due to its long-standing expertise, global presence, and diverse range of services that contribute to the stability and growth of its institutional and corporate clientele.

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