Investor Presentaiton
Unconditional and Irrevocable Cross Guarantee Structure Ensures
Debt Securities Rank Pari Passu¹
•
•
Issuers and Guarantors of Debt Securities as of June 30, 2023
Entity
Aon plc
Aon Global Limited
Aon Global Holdings plc
Aon North America, Inc.
Aon Corporation
Jurisdiction of Incorporation
Ireland
UK
UK
US
US
Aon plc is the Irish-domiciled
publicly traded parent company of
the Aon group
There are three Aon entities with
outstanding debt securities: Aon
Global Limited ("AGL"), Aon Global
Holdings plc ("AGH"), and Aon
Corporation
о
Each of these entities is an
indirect wholly owned subsidiary
of Aon plc and has senior
unsecured ratings consistent
with those of Aon plc (Baa2/A-
/BBB+)
Outstanding senior notes rank pari
passu due to unconditional and
irrevocable cross guarantee
structure
Aon Global Limited Notes ($3.9B)
4.000% USD 350M Senior Notes due 2023
3.500% USD 600M Senior Notes due 2024
3.875% USD 750M Senior Notes due 2025
2.875% EUR 500M Senior Notes due 20263
4.250% USD 256M Senior Notes due 2042
4.450% USD 250M Senior Notes due 2043
4.600% USD 550M Senior Notes due 2044
4.750% USD 600M Senior Notes due 2045
Aon Corporation Notes ($2.9B)
Guarantor
Issuer
Guarantor
Guarantor
Guarantor
8.205% USD 521M Junior Sub Notes due 2027
4.500% USD 350M Senior Notes due 2028
3.750% USD 750M Senior Notes due 2029
2.800% USD 1000M Senior Notes due 2030
6.250% USD 300M Senior Notes due 2040
Guarantor
Guarantor
Guarantor
Guarantor
Issuer
Aon Corporation and Aon Global Holdings plc Notes ($4.3B)
2.850% USD 600M Senior Notes due 2027
2.050% USD 400M Senior Notes due 2031
2.600% USD 500M Senior Notes due 2031
5.000% USD 500M Senior Notes due 2032
5.350% USD 750M Senior Notes due 2033
2.900% USD 600M Senior Notes due 2051
3.900% USD 900M Senior Notes due 2052
Guarantor
Guarantor
Co-Issuer
Guarantor
Co-Issuer
Aon moved its parent company headquarters to the UK in 2012 and Ireland in 2020, and as a result, has issued term debt from multiple legal entities, however, our cross-guarantee structure ensures
debt securities rank pari passu
AON
1
2
AGL 2.875% EUR 500M Senior Notes due 2026 converted to USD at 1.09 FX rate.
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