Marsh lands bumper M&A trade

By David Rothnie
11 Jan 2019

Marsh & McLennan Companies printed the biggest deal in its history with a multi-tranche merger and acquisition financing this week, providing a hint of optimism in the dollar market.

The insurance group hit the market on Tuesday with a $5bn trade that showed investors are finally getting into their stride after a slow start to the year.

Marsh & McLennan sold $700m of 3.5% two year fixed rate notes at 95bp over US Treasuries, $1bn of ...

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