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Aon Global Limited Announces Redemption in Full and Delisting of 2.875% Senior Notes due 2026 from the New York Stock Exchange

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LONDON, Jan. 15, 2026 /PRNewswire/ -- Aon Global Limited (f/k/a Aon plc) (the "Company"), a wholly o...

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AI Summary

Aon intends to redeem its 2.875% Senior Notes due in 2026, with redemption scheduled for February 14, 2026. This move will eliminate the outstanding debt and also delist the Notes from the NYSE, likely enhancing Aon's financial position and investor confidence.

Sentiment Rationale

Historically, companies that reduce debt through redemptions often see positive stock performance due to improved balance sheets and increased investor confidence.

Trading Thesis

AON likely to experience bullish sentiment due to debt reduction by early 2026.

Market-Moving

  • Full redemption of Notes may increase Aon's stock valuation.
  • Delisting may streamline Aon’s financial reporting processes.
  • Positive investor sentiment expected from reduced debt burden.
  • Redemption leads to no remaining outstanding debt in this category.

Key Facts

  • Aon announced full redemption of its 2.875% Senior Notes due 2026.
  • Notes will be delisted from NYSE and withdrawn from registration.
  • Redemption set for February 14, 2026, at €510.87 million.
  • No Notes will remain outstanding after the redemption process.
  • Aon emphasizes forward-looking statements regarding future performance.

Companies Mentioned

  • Aon Corporation (AON): Aon is repaying debt, enhancing financial stability and investor confidence.

Corporate Developments

This news falls under 'Corporate Developments' as it pertains to Aon's strategic financial management, specifically regarding their debt structure. The removal of this liability reflects Aon's strategy to optimize its capital and potentially improve its credit profile.

Aon Global Limited to Redeem and Delist Senior Notes Due 2026

LONDON, /PRNewswire/ -- Aon Global Limited (formerly Aon plc), a wholly owned subsidiary of Aon plc (NYSE:AON), has announced its decision to fully redeem and delist its 2.875% Senior Notes due 2026 from the New York Stock Exchange (NYSE). Additionally, the company plans to withdraw the registration of these notes under Section 12(b) of the Securities Exchange Act of 1934.

Details of Redemption and Delisting

The planned redemption of the notes is in accordance with the Indenture agreement dated May 24, 2013, which was amended and restated on April 1, 2020. This agreement involves Aon Global Limited, Aon Corporation, Aon plc, Aon Global Holdings plc, and The Bank of New York Mellon Trust Company, N.A., serving as trustee.

The Redemption Date is set for February 14, 2026, where the notes will be redeemed at a price equal to 100% of the principal amount, alongside accrued and unpaid interest up to the Redemption Date. The aggregate Redemption Price amounts to €510,869,863.00, translating to approximately €1,021.74 per €1,000 principal amount of the notes.

Payment and Contact Information

The Bank of New York Mellon, London Branch will serve as the paying agent for this redemption. Holders of the notes with questions regarding the redemption are encouraged to contact the paying agent at:

  • The Bank of New York Mellon (London Branch)
  • Merck House, Seldown Lane
  • Poole, Dorset BH15 1PX
  • United Kingdom

The final interest payment on the notes will be included in the Redemption Price and will be made upon presentation and surrender of the notes to the paying agent, following applicable procedures by the Euroclear Bank and Clearstream Banking in Luxembourg.

Important Considerations

It is crucial to note that this announcement does not constitute a formal notice of redemption for the notes. Additionally, it should not be interpreted as an offer to sell or a solicitation for any offer to buy these securities in any jurisdiction where such activities would violate local securities laws.

About Aon

Aon plc, the guarantor of the senior notes, aims to enhance decision-making for clients globally. With a focus on providing clarity and confidence in risk management and human capital solutions, Aon serves clients across more than 120 countries.

Investors can stay updated by following Aon on LinkedIn, X, Facebook, and Instagram. Further insights can be accessed at Aon's investor relations website.

Investor Contacts

Aon Corporation
200 East Randolph Street
Chicago, IL 60601
Investor Contact: Hallie Miller
Phone: +1 (847) 442 0622
Email: investor@aon.com

Safe Harbor Statement

This communication includes certain forward-looking statements regarding Aon's future results and intentions, as defined in the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to differ include changes in the competitive landscape, currency fluctuations, and economic conditions.

Investors are advised that these forward-looking statements may not materialize as anticipated, and Aon disclaims any obligation to update such statements in response to new information or events.

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