Chubb Prices $1 Billion 5.30% Senior Notes Due 2036
CB•Chubb INA Holdings LLC priced $1 billion of 5.30% senior notes due 2036 in a public offering guaranteed by Chubb Limited. Net proceeds will support general corporate purposes, including repayment or refinancing of existing debt.
1. Pricing of Senior Notes
Chubb INA Holdings LLC issued $1 billion of 5.30% senior notes due 2036 under a public offering guaranteed by Chubb Limited.
2. Use of Proceeds
Net proceeds from the 2036 notes will fund general corporate purposes, which may include repayment or refinancing of existing debt obligations.
3. Underwriting and Guarantee
Barclays Capital Inc. and Wells Fargo Securities, LLC acted as joint book-running managers, and the notes carry a guarantee by the parent company.
