The latest from Chubb;
Chubb Limited (NYSE: CB) announced recently that its subsidiary, Chubb INA Holdings LLC, has priced a public offering of $1 billion of 5.30% senior notes due 2036 (the “2036 Notes”). The 2036 Notes are guaranteed by Chubb Limited.
Chubb intends to use the net proceeds for general corporate purposes, which may include the repayment or refinancing of debt.
The joint book-running managers for the offering are Barclays Capital Inc. and Wells Fargo Securities, LLC.
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 2036 Notes or any other securities, nor will there be any offer, solicitation or sale of the 2036 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 Barclays Capital Inc. at 1-888-603-5847 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 U.S. Securities and Exchange Commission (SEC) website at www.sec.gov.
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