© 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
Green Shipping – The Role of Electric Ships
Innovation
24/03/2025Green Shipping – The Role of Electric Ships

Ekrem Akcay has worked for many years as Sales Manager and Project Leader in the Tuzla/Yalova shipyard region, which is home to most of the shipyards in Turkey and employs approximately 50,000 workers.

Read Full PostRead - Eye Icon
10 Business Benefits of Adopting RFID Technology
Innovation
19/11/202110 Business Benefits of Adopting RFID Technology

The radio frequency identification (RFID) technology has been in use for more than three decades now. It leverages the use of radio waves to identify and track objects. Even with the many years of its use, some businesses are yet to incorporate this amazing te

Read Full PostRead - Eye Icon
Deep Expertise In Iraq Litigation
Leadership
23/09/2019Deep Expertise In Iraq Litigation

Dler Law Office is a full service law firm, practicing law in all of Iraq. Recently, we caught up with Founding Partner and AI’s Leading Business and Commercial Litigation Lawyer of the Year, Iraq, Dler Saber who provided us with a detailed glimpse into the

Read Full PostRead - Eye Icon
A Successful Merger
Leadership
03/03/2016A Successful Merger

Last year, Frankfurt based firm ARNECKE SIEBOLD and Munich based firm SIBETH combined to form ARNECKE SIBETH.

Read Full PostRead - Eye Icon
Rationality in Business  is Overrated
Strategy
29/05/2015Rationality in Business is Overrated

We hear from Kate Howe, Managing Director at gyro about why she believes emotions are pivotal to business success.

Read Full PostRead - Eye Icon
IDT to Acquire ZMDI for $310 Million
M&A
27/10/2015IDT to Acquire ZMDI for $310 Million

Integrated Device Technology Inc. has came to an agreement with semiconductor company Zentrum Mikroelektronik Dresden AG to buy for $310 million, gaining a foothold in the growing automotive and industrial business.

Read Full PostRead - Eye Icon
The Best Innovations for the Best Metalwork
Innovation
08/08/2022The Best Innovations for the Best Metalwork

Working in one of the most demanding markets in the world, Retech has become a global leader in metallurgical processing equipment supply.

Read Full PostRead - Eye Icon
What Are the Possible Impacts of Flipkart Purchasing eBay India?
Finance
20/04/2017What Are the Possible Impacts of Flipkart Purchasing eBay India?

Electronic commerce company Flipkart has recently announced that it will be purchasing eBay India. This is in an effort to further their influence in the country against rival company Amazon, and is surely a move which will serve to heighten competition betwee

Read Full PostRead - Eye Icon
Most Innovative Law Firm of 2016, Portugal
Legal
04/04/2016Most Innovative Law Firm of 2016, Portugal

The Most Innovative Law Firm of 2016, Portugal goes to Esquivel Advogados in Portugal.



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