Quick Note From Chubb, on Senior Notes

5 March 2024 alastair walker Global insurance trends 0

The latest investor news from Chubb;

Chubb Limited (NYSE: CB) announced today that its subsidiary, Chubb INA Holdings Inc., has priced a public offering of $1 billion of 5.000% senior notes due 2034. The notes are guaranteed by Chubb Limited. Chubb intends to use the net proceeds for general corporate purposes, including the repayment at maturity of its $700 million 3.35% senior notes due May 15, 2024.

The joint book-running managers for the offering are Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Wells Fargo Securities, LLC.

About alastair walker 19613 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net
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