0001193125-19-290958.txt : 20191113 0001193125-19-290958.hdr.sgml : 20191113 20191113155132 ACCESSION NUMBER: 0001193125-19-290958 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191113 DATE AS OF CHANGE: 20191113 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Aon plc CENTRAL INDEX KEY: 0000315293 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 363051915 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-227514 FILM NUMBER: 191213679 BUSINESS ADDRESS: STREET 1: THE LEADENHALL BUILDING STREET 2: 122 LEADENHALL STREET CITY: LONDON STATE: X0 ZIP: EC3V 4AN BUSINESS PHONE: (44) 20 7623 5500 MAIL ADDRESS: STREET 1: THE LEADENHALL BUILDING STREET 2: 122 LEADENHALL STREET CITY: LONDON STATE: X0 ZIP: EC3V 4AN FORMER COMPANY: FORMER CONFORMED NAME: AON CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COMBINED INTERNATIONAL CORP DATE OF NAME CHANGE: 19870504 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Aon plc CENTRAL INDEX KEY: 0000315293 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 363051915 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: THE LEADENHALL BUILDING STREET 2: 122 LEADENHALL STREET CITY: LONDON STATE: X0 ZIP: EC3V 4AN BUSINESS PHONE: (44) 20 7623 5500 MAIL ADDRESS: STREET 1: THE LEADENHALL BUILDING STREET 2: 122 LEADENHALL STREET CITY: LONDON STATE: X0 ZIP: EC3V 4AN FORMER COMPANY: FORMER CONFORMED NAME: AON CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COMBINED INTERNATIONAL CORP DATE OF NAME CHANGE: 19870504 FWP 1 d834455dfwp.htm FWP FWP

Filed pursuant to Rule 433

Relating to Preliminary Prospectus Supplement dated November 13, 2019 to

Prospectus dated September 25, 2018

Registration Statement Nos. 333-227514-01 and 333-227514

Aon Corporation

TERM SHEET

$500,000,000 2.200% SENIOR NOTES DUE 2022

 

Issuer:    Aon Corporation
Securities:    2.200% Senior Notes due 2022
Guarantor:    Aon plc
Legal Format:    SEC Registered
Amount:    $500,000,000
Ranking:    Senior Unsecured
Expected Ratings*:   

Moody’s Investors Service: Baa2

Standard & Poor’s: A-

Fitch: BBB+

Trade Date:    November 13, 2019
Settlement Date (T+2):    November 15, 2019
Maturity Date:    November 15, 2022
Reference Treasury:    1.625% due November 15, 2022
Reference Treasury Price and Yield:    99-29; 1.657%
Reoffer Spread to Treasury:    +55 bps
Reoffer Yield:    2.207%
Coupon:    2.200%
Denominations:    $2,000 and multiples of $1,000
Interest Payment Dates:    Semi-annually in arrears on May 15 and November 15, beginning on May 15, 2020
Price to Public:    99.980%
Proceeds to Issuer (before expenses and underwriting discount):    $499,900,000
CUSIP / ISIN:    037389BD4 / US037389BD49
Optional Redemption:    We may redeem all of the Notes at any time or some of the Notes from time to time at a redemption price equal to the greater of 100% of the principal amount of the Notes being redeemed and a make whole using a discount rate of the Reference Treasury plus 10 basis points. See “Description of the Securities—Optional Redemption” and “Description of the Securities—Optional Tax Redemption” in the preliminary prospectus supplement for more information.
Joint Book-Running Managers:   

BofA Securities, Inc.

Morgan Stanley & Co. LLC

Wells Fargo Securities, LLC

Co-Managers:   

Aon Securities LLC

Scotia Capital (USA) Inc.

UniCredit Capital Markets LLC

U.S. Bancorp Investments, Inc.

Loop Capital Markets LLC

Siebert Williams Shank & Co., LLC

Conflicts:    Aon Securities LLC is an indirect wholly owned subsidiary of Aon Corporation. This offering is subject to, and will be conducted in compliance with, the requirements of Rule 5121 of the Financial Industry Regulatory Authority, Inc. (“FINRA”) regarding a FINRA member firm distributing the securities of an affiliate.

* An explanation of the significance of ratings may be obtained from the rating agencies. Generally, rating agencies base their ratings on such material and information, and such of their own investigations, studies and assumptions, as they deem appropriate. The rating of the notes should be evaluated independently from similar ratings of other securities. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency.

The issuer and the guarantor have filed a registration statement, including a prospectus, with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer, the guarantor and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Joint Book-Running Managers in the offering will arrange to send you the prospectus if you request it by contacting BofA Securities, Inc. toll free at 1-800-294-1322, Morgan Stanley & Co. LLC toll free at 1-866 718-1649 and Wells Fargo Securities, LLC toll free at 1-800-645-3751.

 

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