Aon plans to price guaranteed senior notes in two parts

By Marisa Wong

Los Angeles, Feb. 23 – Aon Corp. and Aon Global Holdings plc plan to price senior notes in two tranches, according to a 424B5 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Aon plc and Aon Global Ltd.

The notes will feature a make-whole call and then a par call. The notes will also be callable in whole at par for tax reasons.

Morgan Stanley & Co. LLC, Barclays, Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are the joint bookrunners.

Bank of New York Mellon Trust Co., NA is the trustee.

Legal counsel to Aon regarding the validity of the securities in regards to Irish law is Matheson, as to U.S. law is Sidley Austin LLP and as to English law is Freshfields Bruckhaus Deringer LLP. Davis Polk & Wardwell LLP is counsel to the underwriters.

Proceeds will be used for general corporate purposes.

Based in Dublin, Aon is a professional services firm that sells financial risk-mitigation products, including insurance, pension administration and health insurance plans.

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