© 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
The Best  in Recruitment
Strategy
01/11/2016The Best in Recruitment

Founded in April 2014 by brother and sister, Ed and Lucy Chamberlain, C&C Search is a recruitment firm specialising in the placement of support staff and finance professionals. As a company, we recruit on a permanent, temporary and contract basis.

Read Full PostRead - Eye Icon
Commercial Law Considerations for Companies Trading Internationally
Legal
08/11/2023Commercial Law Considerations for Companies Trading Internationally

International trade offers significant potential both for businesses and the economy; recent research from Santander suggests UK coffers could benefit to the tune of £93.5bn if SMEs were to realise their global aspirations, while creating an additional 1.9mil

Read Full PostRead - Eye Icon
How To Transition From a Truck Driver to a Trucking Business Owner
News
07/02/2023How To Transition From a Truck Driver to a Trucking Business Owner

Working as a truck driver means that you experience something new every day. Traveling around the country as a truck driver allows you to make money doing something you love.

Read Full PostRead - Eye Icon
How to Manage Your Budget During Inflationary Times
Finance
20/04/2022How to Manage Your Budget During Inflationary Times

At this point, there is no getting away from the word inflation. Everyone is talking about it, many complaining about it, but do you know how to take action to survive it? Depending on your age range, you may or may not have experienced life in inflationary ti

Read Full PostRead - Eye Icon
Dole Acquires Chile’s TucFrut Farms
Finance
10/10/2016Dole Acquires Chile’s TucFrut Farms

Dole Food Company announces the acquisition of the TucFrut farms and packing facilities in the Molina and Linares areas of Chile. The TucFrut property, located 140 miles South of Santiago

Read Full PostRead - Eye Icon
4 Benefits Of Hiring An Intern
Leadership
08/12/20204 Benefits Of Hiring An Intern

Before you start an internship program in your company, understanding internships and how they work are a must.

Read Full PostRead - Eye Icon
What Is Medical Negligence? What To Do If You Experience One
Legal
16/03/2023What Is Medical Negligence? What To Do If You Experience One

You expect the best care and results when you go to a hospital. However, sometimes things don’t go as anticipated. Your healthcare provider could make errors during treatment, diagnosis, or aftercare.

Read Full PostRead - Eye Icon
Cyber-Security in the M&A Process
Legal
22/06/2016Cyber-Security in the M&A Process

During an M&A deal process huge amounts of sensitive data is shared in the cyber-space between buyers, sellers and their respective advisors. Infringement of this data’s cyber-security could leave parties open to significant claims.

Read Full PostRead - Eye Icon
Payday Advance & Payday Loan Difference
Finance
07/02/2022Payday Advance & Payday Loan Difference

Today, almost everyone has probably used payday loans at banks or MFIs offering payday loans online at least once in their life. Financial difficulties periodically arise for any person. Therefore, it is necessary to resort to the help of financial organizatio



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