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Published on 12/6/2021 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

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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