AON Subsidiary Inks $13.5 Billion Senior Notes Underwriting Agreement for USI Advantage Acquisition
· The NYC Memo
On September 14, 2026, Aon North America, Inc. and Aon Global Holdings plc, with Aon plc as guarantor, entered into an underwriting agreement for $13.5 billion in aggregate principal amount of senior notes. The net proceeds of approximately $13.4 billion will fund the cash consideration for the acquisition of USI Advantage Corp. and repay its outstanding indebtedness.
Certain notes will be redeemed at 101% of principal if the USI acquisition is not consummated by June 1, 2027.