8-KItem 1.01 · Material AgreementItem 1.02 · Termination of AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Aon Secures $4 Billion Term Loan and $3 Billion Revolving Facility
Filed with the SEC on · Summarized by InvestorsBot
Aon and its subsidiaries entered into agreements with Citibank as administrative agent and participating lenders for $4 billion of unsecured delayed-draw term loans to fund part of the cash consideration and related costs of its planned USI Advantage acquisition. Aon also replaced two existing $1 billion revolving facilities with a new $3 billion unsecured revolver maturing in 2031; the term loans mature in 2028 and 2029 and are subject to financial covenants.