Printer Friendly

DUFF & PHELPS: AON CORPORATION $250 MILLION SHELF REGISTRATION RATED 'AA'

 CHICAGO, May 11 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has assigned a preliminary `AA' senior debt rating to Aon Corporation's (Aon) $250 million all purpose shelf registration. The net proceeds from the sale of securities will be used for general corporate purposes, including the refinancing of the company's 8 1/2 percent notes due June 15, 1996, that will be redeemed June 15, 1993, for 100 percent of the $100 million principal amount, plus accrued interest. The debt securities will be unsecured obligations and will rank equally and ratably with other unsecured and unsubordinated indebtedness of Aon. This shelf rating is the same as that assigned to Aon's outstanding senior debt.
 -0- 5/11/93
 /CONTACT: Martha M. Butler, CFA of Duff & Phelps Credit Rating Co., 312-368-3191/
 (AOC)


CO: Aon Corporation ST: IN: INS SU: RTG

SB -- NY049 -- 7063 05/11/93 12:27 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 11, 1993
Words:145
Previous Article:SNAPPLE BEVERAGE DECLARES COMMON STOCK SPLIT
Next Article:RESEARCH SYSTEMS CORPORATION TESTS SALES EFFECTIVENESS OF TWO NEW COKE TV COMMERCIALS PRODUCED BY CREATIVE ARTISTS AGENCY
Topics:


Related Articles
DUFF & PHELPS: MARKEL CORPORATION $100 MILLION SHELF REGISTRATION PRELIMINARILY RATED 'BBB-'
D&P RATES CNA FINANCIAL CORPORATION SENIOR DEBT, CONTINENTAL CASUALTY INTERCOMPANY POOL, CONTINENTAL ASSURANCE COMPANY CLAIMS PAYING ABILITY
DUFF & PHELPS: LIFE OF VIRGINIA LIFE INSURANCE COMPANY CLAIMS PAYING ABILITY RATING REAFFIRMED AT 'AA+'
DUFF & PHELPS RATES PROTECTIVE LIFE CORPORATION $175 MILLION SENIOR DEBT SHELF REGISTRATION RATED 'A+' (SINGLE-A-PLUS)
DUFF & PHELPS: LINCOLN NATIONAL PRELIMINARY RATING OF 'AA-' ASSIGNED TO SENIOR DEBT SECURITIES INCLUDED IN $500 MILLION SHELF REGISTRATION
DUFF & PHELPS: LINCOLN NATIONAL CORPORATION $200 MILLION NOTES DUE OCTOBER 1, 2024, RATED 'AA-'
DUFF & PHELPS: THE NWNL COMPANIES, INC. PRELIMINARY RATING OF 'A' ASSIGNED TO SENIOR DEBT OF ALL-PURPOSE SHELF REGISTRATION
DUFF & PHELPS: EQUITABLE OF IOWA COMPANIES 'A' RATING ASSIGNED TO $100 MILLION 8.5 PERCENT SENIOR NOTES 2005
DUFF & PHELPS: LINCOLN NATIONAL CORPORATION $200 MILLION SENIOR NOTES RATED 'AA-'
ITT HARTFORD GROUP, INC. SENIOR DEBT AND COMMERCIAL PAPER RATINGS LOWERED AND REMOVED FROM RATING WATCH--DOWN

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters