© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - ACE Announces Pricing of $5.3 Billion Senior Notes Offering for Chubb Acquisition
Posted 28th October 2015

ACE Announces Pricing of $5.3 Billion Senior Notes Offering for Chubb Acquisition

ACE Limited announced today that its subsidiary, ACE INA Holdings Inc., has agreed to sell $1.3 billion of 2.30% senior notes due 2020 in a public offering.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

ACE Announces Pricing of $5.3 Billion Senior Notes Offering for Chubb Acquisition

ACE Announces Pricing of $5.3 Billion Senior Notes Offering for Chubb Acquisition

Image

ACE Limited  announced today that its subsidiary, ACE INA Holdings Inc., has agreed to sell in a public offering $1.3 billion of 2.30% senior notes due 2020, $1.0 billion of 2.875% senior notes due 2022, $1.5 billion of 3.35% senior notes due 2026 and $1.5 billion of 4.35% senior notes due 2045. The notes are guaranteed by ACE Limited. The notes are being issued in connection with ACE’s pending acquisition of The Chubb Corporation.

ACE intends to use the net proceeds from this offering plus available cash sourced from certain of its subsidiaries and certain of Chubb’s subsidiaries to fund the cash portion of the merger consideration. The joint book-running managers for the offering are Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc.

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Four Reasons To Get Law Enforcement Transcription Service
News
28/09/2023Four Reasons To Get Law Enforcement Transcription Service

Many think that law enforcement transcription is another small, inconsequential cog in the American Criminal Justice System. It’s a requirement in certain instances, optional in others, and, in some cases, can completely be eschewed. However, many fail to re

Read Full PostRead - Eye Icon
‘Productivity Puzzle’ Is a Red Herring for Our Austerity Damaged Economy, Says TUC
Finance
06/03/2015‘Productivity Puzzle’ Is a Red Herring for Our Austerity Damaged Economy, Says TUC

A new report, Productivity: no puzzle about it, published by the TUC, argues that there is a straightforward explanation for low productivity in the UK economy

Read Full PostRead - Eye Icon
Q1 Update – Mochtar Karuwin Komar
Strategy
01/07/2016Q1 Update – Mochtar Karuwin Komar

Mochtar Karuwin Komar (MKK) is one of Indonesia’s oldest firms and celebrates its 45th year in June 2016.

Read Full PostRead - Eye Icon
The Financial Impact of Employee Happiness: More Than Just a Paycheck
Finance
17/07/2023The Financial Impact of Employee Happiness: More Than Just a Paycheck

If you want to take more care of your employees, you’ve come to the right place. Let’s look at how employee happiness functions and how you can improve it.

Read Full PostRead - Eye Icon
Is York Becoming the Marketing Hub of Yorkshire?
News
01/11/2024Is York Becoming the Marketing Hub of Yorkshire?

York is emerging as a prime location for marketing agencies in Yorkshire, as revealed by research from Nomada Digital, a York SEO agency. The analysis of Google search data and Companies House records shows a significant increase in demand for local marketing

Read Full PostRead - Eye Icon
Quindell Plc Shares Suspended
Finance
29/06/2015Quindell Plc Shares Suspended

Shares in Insurance firm suspended after U.K Financial Conduct Authority confirms investigation.

Read Full PostRead - Eye Icon
US Deal Making Smashes Records
Finance
04/06/2015US Deal Making Smashes Records

During May US deal making hit an all time monthly high.

Read Full PostRead - Eye Icon
Do Businesses Need to Adapt to the TikTok Age?
News
02/08/2022Do Businesses Need to Adapt to the TikTok Age?

Since Facebook took the world by storm in the 2010s, businesses have had to adapt their marketing strategies to align themselves with the social media craze. Those that have failed to do this have missed a prime opportunity to reach new customers and are at ri

Read Full PostRead - Eye Icon
Why Corporate Social Responsibility Is Essential During Disasters
Corporate Social Responsibility
31/03/2023Why Corporate Social Responsibility Is Essential During Disasters

Corporate social responsibility (CSR) can take many forms. While many firms are focusing on reducing their carbon footprint and working to achieve net zero, others are intent on giving back to the community, especially those who suffered from a natural disaste



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow