Marsh & McLennan plans $400 million 10-year notes for Tuesday pricing

By Aleesia Forni

Virginia Beach, May 27 - Marsh & McLennan Cos., Inc. is intending to sell $400 million of senior notes due 2024 on Tuesday, according to a market source and a 424B2 filing with the Securities and Exchange Commission.

The notes are talked in the Treasuries plus 115 basis points area.

J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Barclays and Citigroup Global Markets Inc. are the joint bookrunners.

Proceeds will be used for general corporate purposes.

The professional services firm is based in New York City.

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