Chubb Limited Announces Pricing of $1.25 Billion Senior Notes Offering by Subsidiary
Chubb Limited (NYSE: CB) has announced that its subsidiary, Chubb INA Holdings LLC, has priced a $1.25 billion senior notes offering with a 4.90% interest rate, maturing in 2035. The notes will be guaranteed by Chubb Limited.
The company plans to use the proceeds for general corporate purposes, including the repayment of a portion of its $1.5 billion outstanding 3.35% senior notes due May 3, 2026. The offering is being managed by Citigroup Global Markets, Goldman Sachs, and Wells Fargo Securities.
Chubb Limited (NYSE: CB) ha annunciato che la sua controllata, Chubb INA Holdings LLC, ha emesso un prestito obbligazionario senior da 1,25 miliardi di dollari con un tasso di interesse del 4,90%, con scadenza nel 2035. Le obbligazioni saranno garantite da Chubb Limited.
L'azienda intende utilizzare i proventi per scopi generali aziendali, inclusa la restituzione di una parte dei suoi 1,5 miliardi di dollari di obbligazioni senior al 3,35% in scadenza il 3 maggio 2026. L'offerta 猫 gestita da Citigroup Global Markets, Goldman Sachs e Wells Fargo Securities.
Chubb Limited (NYSE: CB) ha anunciado que su subsidiaria, Chubb INA Holdings LLC, ha emitido una oferta de bonos senior por 1.250 millones de d贸lares con una tasa de inter茅s del 4,90%, con vencimiento en 2035. Los bonos estar谩n garantizados por Chubb Limited.
La compa帽铆a planea usar los fondos para prop贸sitos corporativos generales, incluyendo el pago de una parte de sus bonos senior pendientes de 1.500 millones de d贸lares al 3,35% que vencen el 3 de mayo de 2026. La oferta est谩 siendo gestionada por Citigroup Global Markets, Goldman Sachs y Wells Fargo Securities.
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Chubb Limited (NYSE : CB) a annonc茅 que sa filiale, Chubb INA Holdings LLC, a fix茅 le prix d'une 茅mission d'obligations senior de 1,25 milliard de dollars avec un taux d'int茅r锚t de 4,90%, arrivant 脿 茅ch茅ance en 2035. Les obligations seront garanties par Chubb Limited.
La soci茅t茅 pr茅voit d'utiliser les fonds pour des besoins g茅n茅raux d'entreprise, y compris le remboursement d'une partie de ses obligations senior en circulation de 1,5 milliard de dollars 脿 3,35% arrivant 脿 茅ch茅ance le 3 mai 2026. L'offre est g茅r茅e par Citigroup Global Markets, Goldman Sachs et Wells Fargo Securities.
Chubb Limited (NYSE: CB) hat bekannt gegeben, dass seine Tochtergesellschaft Chubb INA Holdings LLC eine Senior-Notes-Emission in H枚he von 1,25 Milliarden US-Dollar mit einem Zinssatz von 4,90% und F盲lligkeit im Jahr 2035 bepreist hat. Die Anleihen werden von Chubb Limited garantiert.
Das Unternehmen plant, die Erl枚se f眉r allgemeine Unternehmenszwecke zu verwenden, einschlie脽lich der R眉ckzahlung eines Teils seiner 1,5 Milliarden US-Dollar ausstehenden 3,35% Senior Notes mit F盲lligkeit am 3. Mai 2026. Das Angebot wird von Citigroup Global Markets, Goldman Sachs und Wells Fargo Securities verwaltet.
- New notes offering provides $1.25 billion in capital for corporate purposes
- Strategic refinancing of higher-cost debt due in 2026
- Strong banking syndicate supporting the offering
- Higher interest rate of 4.90% compared to existing 3.35% notes being repaid
- Increased long-term debt obligations extending to 2035
Chubb intends to use the net proceeds for general corporate purposes, including the repayment of a portion of the
The joint book-running managers for the offering are Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC. 聽
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any of the senior notes or any other securities, nor will there be any offer, solicitation or sale of the senior notes or any other securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained by calling Citigroup Global Markets Inc. at 1-800-831-9146, Goldman Sachs & Co. LLC at 1-866-471-2526 or Wells Fargo Securities, LLC at 1-800-645-3751.
Alternatively, the prospectus supplement and accompanying prospectus may be obtained by visiting EDGAR on the
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.聽 The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. 聽Additional information can be found at: .
Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release, such as statements regarding use of proceeds, reflect the company's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from these statements.聽 Additional information regarding factors that could cause differences from these forward-looking statements appears in the company's filings with the SEC.聽 Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made.
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SOURCE Chubb Limited
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