Willis Towers Watson Public Limited Company announced the pricing of a registered offering of senior notes by its subsidiary, Willis North America Inc.
The offering consists of $700,000,000 aggregate principal amount of 4.550% senior unsecured notes due 2031 and $300,000,000 aggregate principal amount of 5.150% senior unsecured notes due 2036.
Payment of principal and interest on the notes will be guaranteed by the Company and certain subsidiary entities.
The Offering is expected to close on December 22, 2025, subject to customary closing conditions.
Offering Details
$700,000,000 in 4.550% senior unsecured notes due 2031 and $300,000,000 in 5.150% senior unsecured notes due 2036.
Use of Proceeds
Intends to use net proceeds for Newfront acquisition if closes, repayment of existing notes, and general corporate purposes if acquisition does not close.
Managers and Co-managers
J.P. Morgan Securities LLC, Barclays Capital Inc., PNC Capital Markets LLC, and others are the book-running managers and co-managers for the offering.
- The Offering will provide Willis Towers Watson with funds for potential acquisitions and debt repayment.
- Interest from the notes will be guaranteed by the Company and its subsidiary entities, ensuring secure investment for note holders.
The successful pricing of the offering demonstrates investor confidence in Willis Towers Watson and its strategic financial decisions.