© 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
Automated Workflow Project of the Year: COBRA
Finance
01/07/2016Automated Workflow Project of the Year: COBRA

Brock Walker is the Acting Director of the Shared Services Program (SSP) at the Department of the Treasury. In this role, he manages a small team responsible for the direct corporate budget oversight over the $228+ million Shared Services Program.

Read Full PostRead - Eye Icon
Innovation is the Centre of Nucleus’ Success
Innovation
13/03/2018Innovation is the Centre of Nucleus’ Success

Nucleus is an alternative business finance provider, set up by Chirag Shah with a clear vision to disrupt the status quo of SME lending with a finance business that served a long-underserved part of the market.

Read Full PostRead - Eye Icon
The Rise of Entry Screening Solutions To Enhance Safety And Security
News
03/07/2023The Rise of Entry Screening Solutions To Enhance Safety And Security

In an increasingly complex world where safety and security are paramount concerns, entry screening solutions have emerged as crucial tools to protect public spaces. These innovative solutions provide a comprehensive approach to identifying potential threats an

Read Full PostRead - Eye Icon
Why We Need Happy Employees
Leadership
28/05/2015Why We Need Happy Employees

We recognise that happy employees are the secret to a healthy bottom Line within a business. Recent studies represent the link between happy employees and customer satisfaction.

Read Full PostRead - Eye Icon
How to Choose the Best Software Development Company in 2023
Innovation
24/07/2023How to Choose the Best Software Development Company in 2023

Choosing the ideal partner might seem like a difficult process with so many businesses providing their services. However, you may make an informed choice that supports your company's objectives by taking certain criteria into account and using a methodical app

Read Full PostRead - Eye Icon
Using Mac for Efficient Project Management
News
22/07/2024Using Mac for Efficient Project Management

Mac is proven as an effective gadget for effective project management tasks. Its friendly user design makes it stand out and get things done easier. Mac boasts of specialized apps compatible with all Apple devices. This lets you sync all Mac software for proje

Read Full PostRead - Eye Icon
3 Ways To Properly Monitor Your Small Business Books
News
04/02/20223 Ways To Properly Monitor Your Small Business Books

3 Ways To Properly Monitor Your Small Business Books Good bookkeeping skills are the foundation of any successful business. However, due to their overloaded schedule, many small business owners put off bookkeeping and accounting for as much as they can. Howeve

Read Full PostRead - Eye Icon
UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market
M&A
22/12/2020UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market

Medicinal cannabis Private Equity fund-vehicle JPD Capital has announced it has entered into a joint venture with Verdex Group to create and scale a medicinal cannabis start-up in Spain.

Read Full PostRead - Eye Icon
The Growth of the Aviation Industry: A Sector Soaring High
Leadership
03/12/2015The Growth of the Aviation Industry: A Sector Soaring High

Lee and Li is the largest law firm in Taiwan providing a full range of legal services to clients. Senior Counsellor Patricia Lin and Associate Partner Mark Yu talk us through the firm’s work and how they have maintained their place at the top of Taiwan’s l



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