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Prospect News home > News index > List of issuers M > Headlines for Marsh & McLennan Cos., Inc. > News item |
Fitch rates Marsh & McLennan notes A-
Fitch Ratings said it assigned A- ratings to Marsh & McLennan Cos., Inc.'s two new senior unsecured notes issuances. The company sold $400 million of 2.375% notes maturing in December 2031 and $350 million of 2.9% notes due in December 2051.
Fitch's long-term issuer default rating for Marsh remains at A-.
The proceeds will be used for general corporate purposes, including repayment of a $500 million note maturing in January.
The outlook is stable.
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