© 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
Bond yields and dollar weakness
Finance
03/02/2018Bond yields and dollar weakness

Bond yields and dollar weakness

Read Full PostRead - Eye Icon
Marsh & McLennan Agency Acquires J. Smith Lanier & Co
Finance
07/03/2017Marsh & McLennan Agency Acquires J. Smith Lanier & Co

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced that it has signed a definitive agreement to acquire J. Smith Lanier & Co. (JSL), one of the nation’s largest, privately held insurance brokerage firms. Terms of

Read Full PostRead - Eye Icon
How Does Journalism Work in the Age of Deepfakes?
News
31/01/2024How Does Journalism Work in the Age of Deepfakes?

Trigger Warning: This article mentions child sexual abuse and drug use. Journalism has existed ever since people first banded together in complex social groups. From cave drawings telling primitive band communities about discoveries and new hunting grounds, th

Read Full PostRead - Eye Icon
360 Feedback For Law Firms – Finally Fixed
Legal
08/09/2020360 Feedback For Law Firms – Finally Fixed

With the help of two UK consultancies, law firms are starting to understand that 360-degree feedback should – and can – be better.

Read Full PostRead - Eye Icon
A Beginner-Friendly Day Trading Setup Checklist For Risk-Free Trading
News
20/11/2023A Beginner-Friendly Day Trading Setup Checklist For Risk-Free Trading

For most investors, day trading can look like an extremely promising option, and it can even be highly rewarding for those with a well-planned strategy. However, if you have just entered the market, there are a few common mistakes you might be prone to committ

Read Full PostRead - Eye Icon
Proptech On the Rise As Residential and Commercial Real Estate Investors Look to Battle Inflationary Pressures and Rising Interest Rates, Reveals Hampleton Partners
Innovation
09/11/2022Proptech On the Rise As Residential and Commercial Real Estate Investors Look to Battle Inflationary Pressures and Rising Interest Rates, Reveals Hampleton Partners

The Proptech M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, reveals that the first half of 2022 saw 55 property technology (Proptech) deals, 57 per cent up on 1H2020 and 12 per cen

Read Full PostRead - Eye Icon
Cyber Crime Targeting Law & Education
Innovation
02/10/2019Cyber Crime Targeting Law & Education

Cyber crime is proving to be the biggest threat for the majority of businesses in the modern era, with legal firms proving to be the most at-risk, according to CySure CEO Joe Collinwood. So, how can businesses, legal or not, help ensure their cyber security is

Read Full PostRead - Eye Icon
Blockchain Pioneers Secure Success!
News
26/07/2022Blockchain Pioneers Secure Success!

The use of IT solutions within the business world is nothing new, but the blockchain offers a wealth of opportunity that many businesses have not even begun to consider.

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



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