© Copyright Acquisition International 2026 - 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
PennWell Acquires 50% Interest in Turkey Energy Conference & Exhibition
Finance
31/01/2017PennWell Acquires 50% Interest in Turkey Energy Conference & Exhibition

PennWell International, a diversified global media and conferences and exhibitions company, announced today that it has acquired 50% of Sektörel Fuarcilik, owner of ICCI, the largest power generation conference and exhibition held annually in Istanbul, Turkey

Read Full PostRead - Eye Icon
7 Important Tips for Streamlining Your Workflows
News
20/09/20227 Important Tips for Streamlining Your Workflows

If you're like most people, your days are filled with a never-ending to-do list. From the moment you wake up until you go to bed, there's always something that needs to be done. And if you don't have a system for managing your tasks, it can be easy to get over

Read Full PostRead - Eye Icon
How Can Cloud-Based Systems Enhance Business Scalability?
News
28/05/2024How Can Cloud-Based Systems Enhance Business Scalability?

Scaling a business is not just about bigger; it’s about smarter. Cloud-based systems stand as the modern levers that businesses pull for this smarter growth. They represent more than just technology – they are a shift in how we think about resource

Read Full PostRead - Eye Icon
How Entrepreneurs Become Leaders
Leadership
12/01/2023How Entrepreneurs Become Leaders

There are millions of entrepreneurs, but only a tiny percentage of them ever become true leaders within their respective fields. What qualities and practices make it possible for owners of small businesses to develop leadership potential?

Read Full PostRead - Eye Icon
Roland Jonkhoff Appointed Managing Director of Desso
Finance
02/04/2015Roland Jonkhoff Appointed Managing Director of Desso

Desso, a leading carpets and sport pitches company (part of Tarkett), today announced the appointment of Roland Jonkhoff (46) as Managing Director of Desso.

Read Full PostRead - Eye Icon
Acquisition International is Proud to Announce the Winners of the 2023 Research & Development Awards
News
28/09/2023Acquisition International is Proud to Announce the Winners of the 2023 Research & Development Awards

United Kingdom, September 2023 – Leading B2B publication, Acquisition International, reveals the winners within this year’s edition of the Research & Development Awards.

Read Full PostRead - Eye Icon
5 Steps to An ERP Integration Strategy
Leadership
14/03/20235 Steps to An ERP Integration Strategy

Companies adopt ERPs to serve as corporate data hubs. But to fulfill this purpose and become a single source of truth, the platform needs to be integrated with the rest of the business IT infrastructure.

Read Full PostRead - Eye Icon
The Impact of a Brexit on the European E-Money Market
Finance
23/06/2016The Impact of a Brexit on the European E-Money Market

Craig James, CEO at Neopay, discusses the potential impact and implications of a Brexit on the future development of this sector.

Read Full PostRead - Eye Icon
10 Industries That Must Adopt The Use Of e-Signatures In 2023
Innovation
13/04/202310 Industries That Must Adopt The Use Of e-Signatures In 2023

Electronic signatures (e-signatures) are becoming increasingly important across various industries as the world becomes more digitized and environmentally conscious. E-signatures are more convenient and secure, saving time while simultaneously reducing your ca



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 a number of 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