WTW - WTW Prices Offering of $750000000 of Senior Notes | Benzinga
LONDON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Willis Towers Watson Public Limited Company (NASDAQ:WTW) (the "Company" or "WTW"), a leading global advisory, broking and solutions company, today announced the pricing of a registered offering (the "Offering") by Willis North America Inc. ("Willis North America"), an indirect wholly-owned subsidiary of the Company, of $750,000,000 aggregate principal amount of 5.900% senior unsecured notes due 2054 (the "notes"). Payment of principal and interest on the notes will be fully and unconditionally guaranteed by the Company, and certain direct and indirect subsidiary entities of the Company. The Company expects the Offering to close on March 5, 2024, subject to the satisfaction of customary closing conditions.
Willis North America intends to use the net proceeds of the Offering to (i) repay approximately $650 million aggregate principal amount of ...