MARSH & MCLENNAN COMPANIES, INC. 8-K

What Happened

• Marsh & McLennan Companies, Inc. announced the issuance of $600 million aggregate principal amount of 4.950% Senior Notes due 2036. The notes were issued on February 19, 2026, under the company’s effective Form S‑3 shelf (Reg. No. 333-280979) and were offered by prospectus supplement dated February 11, 2026.
• The offering was underwritten by Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC (as representatives). The notes were issued pursuant to the Indenture dated July 15, 2011, as supplemented by a Twenty-First Supplemental Indenture dated February 19, 2026. Davis Polk & Wardwell LLP provided a legal opinion on the notes.

Key Details

• Amount: $600,000,000 aggregate principal.
• Coupon: 4.950% fixed interest.
• Maturity: Due in 2036 (senior unsecured notes).
• Issuance date and documentation: Issued Feb 19, 2026; registered under Form S‑3 and included a supplemental indenture and legal opinion filed with the 8-K.

Why It Matters

• This transaction raises $600 million of long-term, fixed-rate debt for Marsh & McLennan, which affects the company’s capital structure and future interest expense obligations.
• The filing confirms the offering was fully documented and underwritten and that the notes are registered under the company’s existing shelf registration; the 8-K does not specify how the net proceeds will be used. Investors should note the added senior unsecured debt when assessing leverage and interest-rate exposure.