Marsh raises further debt to fund JLT acquisition
Marsh & McLennan is looking to raise more capital to fund its JLT acquisition, having announced its second senior notes offering in the space of a week.
Marsh is raising $250m (£191m), to be used for paying off JLT’s debts, funding acquisition costs and for ‘general corporate purposes’. The notes will be due 2029, along with the $1.25bn announced in
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