Marsh & McLennan amends, restates $2.8 billion five-year revolver

By Devika Patel

Knoxville, Tenn., April 5 – Marsh & McLennan Cos., Inc. amended and restated a $2.8 billion five-year multi-currency unsecured revolving credit facility on April 2, according to an 8-K filed with the Securities and Exchange Commission.

Interest is based on Libor plus a fixed spread which varies with the company’s credit ratings. The revolver expires in April 2026.

Citibank, NA was the administrative agent.

The professional services firm is based in New York.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.