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Moody’s rates Aon notes Baa2
Moody's Investors Service said it assigned a Baa2 rating to $500 million of 10-year senior unsecured notes being co-issued by Aon Corp. and Aon Global Holdings plc.
The notes will be guaranteed by the ultimate parent, Aon plc and Aon Global Ltd. The agency affirmed the (P) Baa2 rating on Aon plc’s senior unsecured shelf registration on July 27, 2021.
Aon intends to use the proceeds for general corporate purposes (10% for Aon Corp. and 90% for Aon Global Holdings).
The outlook for Aon is unchanged at stable.
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