Bermuda-based ACE Limited announced that, “subject to market conditions, itssubsidiary, ACE INA Holdings Inc., intends to sell up to $500 million of senior notes.
“The notes are fully and unconditionally guaranteed by ACE Limited. The net proceeds from the sale of the senior notes will be used to repay indebtedness.”
The lead underwriters for the proposed offering are Banc of America Securities LLC and Deutsche Bank Securities Inc.
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Agency VP Sentenced to 3 Years in Massive ACA Fraud Scheme 
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement 
CEOs on Guard as Trump Rattles Companies With Series of Edicts 
Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs 
