13 February 2024: Wealth Product Ideas
|
Ticker and ISIN |
MMC 5.4 09/15/33 Corp (US571748BU59) |
|
Issuer |
Marsh & McLennan Cos Inc |
|
Country |
United States |
|
Currency |
USD |
|
Industry |
P&C (BCLASS) |
|
Coupon rate |
5.400% |
|
Coupon frequency |
Semi-annual |
|
Maturity |
09/15/2033 (MAKE WHOLE @20.000 until 06/15/33/ CALL 06/15/[email protected]) |
|
Ratings |
A3 (Moody’s) / A- (S&P) / A- (Fitch) / A- (Composite) |
|
YTM |
4.975% |
|
Amount issued |
600,000,000 |
(Source: Bloomberg)
|
Ticker and ISIN |
MMC 3 ¾ 03/14/26 Corp (US571748AZ55) |
|
Issuer |
Marsh & McLennan Cos Inc |
|
Country |
United States |
|
Currency |
USD |
|
Industry |
P&C (BCLASS) |
|
Coupon rate |
3.750% |
|
Coupon frequency |
Semi-annual |
|
Maturity |
03/14/2026 (MAKE WHOLE @25.000 until 12/14/25/ CALL 12/14/[email protected]) |
|
Ratings |
A3 (Moody’s) / A- (S&P) / A- (Fitch) / A- (Composite) |
|
YTM |
4.791% |
|
Amount issued |
600,000,000 |
