Marsh Prices $600 Million Senior Notes Offering

Proceeds to be used for general corporate purposes

Published on Feb. 11, 2026

Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, has priced $600 million aggregate principal amount of its 4.950% Senior Notes due 2036. The company intends to use the net proceeds from the notes offering for general corporate purposes.

Why it matters

The pricing of this senior notes offering provides Marsh with additional capital to support its ongoing operations and strategic initiatives as a major player in the risk management and consulting industry.

The details

Marsh announced the pricing of the $600 million senior notes offering, which will carry a 4.950% interest rate and mature in 2036. The company plans to use the proceeds for general corporate purposes. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, RBC Capital Markets, LLC and Scotia Capital (USA) Inc. are acting as joint book-running managers for the notes offering, while CIBC World Markets Corp., PNC Capital Markets LLC, Siebert Williams Shank & Co., LLC, TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. are serving as co-managers.

  • The notes offering is expected to close on February 19, 2026, subject to customary closing conditions.

The players

Marsh

A global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries.

Citigroup Global Markets Inc.

One of the joint book-running managers for the notes offering.

J.P. Morgan Securities LLC

One of the joint book-running managers for the notes offering.

Wells Fargo Securities, LLC

One of the joint book-running managers for the notes offering.

RBC Capital Markets, LLC

One of the joint book-running managers for the notes offering.

Scotia Capital (USA) Inc.

One of the joint book-running managers for the notes offering.

Got photos? Submit your photos here. ›

The takeaway

Marsh's $600 million senior notes offering provides the company with additional capital to support its ongoing operations and strategic initiatives as a major player in the risk management and consulting industry.