© 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
Yahoo’s Tax Free Plans for Alibaba Stake
Finance
21/05/2015Yahoo’s Tax Free Plans for Alibaba Stake

Shares in the new company would be distributed among shareholders and the transaction could save as much as $16 billion

Read Full PostRead - Eye Icon
Need to Address Multiple Professionals in an Email? Here’s How You Do It
News
20/11/2023Need to Address Multiple Professionals in an Email? Here’s How You Do It

If you ever find yourself in the position of needing to email multiple business associates, it’s essential to know how to address them professionally and respectfully. After all, these are busy professionals. The way you address them in your email can ma

Read Full PostRead - Eye Icon
African Business Awards 2016
Legal
01/07/2016African Business Awards 2016

Kanokanga & Partners, established in 1991, has a reputation for offering high quality legal service. For the firm, clients come first. The firm looks after its clients’ interests as if they were its own. Furthermore, the firm is open, honest and straightforw

Read Full PostRead - Eye Icon
Innovative Crowdsourced Penetration Testing
Innovation
22/07/2019Innovative Crowdsourced Penetration Testing

Penetration testing is supposed to help organizations find and fix vulnerabilities in their systems before criminal hackers can exploit them.

Read Full PostRead - Eye Icon
Business Beyond the Bottom Line: A New Era of Enterprise
News
12/08/2024Business Beyond the Bottom Line: A New Era of Enterprise

Business Beyond the Bottom Line: A New Era of Enterprise Picture credit A paradigm shift is underway in the rapidly evolving landscape of modern business. Companies are increasingly recognizing that success is not solely defined by financial metrics but by a b

Read Full PostRead - Eye Icon
Balancing Privacy and Security: The Debate Over Biometric Background Checks
Legal
18/03/2025Balancing Privacy and Security: The Debate Over Biometric Background Checks

Background checks are a standard part of the hiring process at many companies. While these verification procedures are often essential, they can also introduce some complications around privacy and ethics. The use of biometric authentication in this sphere fur

Read Full PostRead - Eye Icon
Artificial Intelligence Causes New Challenges For Research Ethics At Universities
Innovation
11/01/2018Artificial Intelligence Causes New Challenges For Research Ethics At Universities

The acceleration of knowledge and the emergence of new technologies, such as artificial intelligence (AI), has provoked new ethical questions and requires universities to approach research ethics differently, says Professor Sylvie Pommier, Director of Doctoral

Read Full PostRead - Eye Icon
6 Examples of How Advanced Automation is Making Businesses More Efficient Than Ever
News
16/10/20236 Examples of How Advanced Automation is Making Businesses More Efficient Than Ever

In a fast-paced business environment where efficiency is king, advanced automation has emerged as the game-changing factor.  From mammoth manufacturing powerhouses to small-scale retail operations, every sector is witnessing an efficiency revolution drive

Read Full PostRead - Eye Icon
HRG Group, Inc. Announces Armored AutoGroup Acquisition By Spectrum Brands
M&A
30/04/2015HRG Group, Inc. Announces Armored AutoGroup Acquisition By Spectrum Brands

HRG Group, Inc., a diversified holding company focused on owning and acquiring businesses that it believes can, in the long term, generate sustainable free cash flow or attractive returns on investment, announced that its majority owned subsidiary, Spectrum Br



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