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

 CHICAGO, June 18 /PRNewswire/ -- Duff & Phelps has assigned a 'AA' (Double-A) rating to Aon Corporation's (Aon) $150 million public offering of 6.7 percent notes due June 15, 2003.
 The net proceeds from the sale of securities will be used for repayment of certain indebtedness, including the refinancing of the company's 8-1/2 percent notes due June 15, 1996, that were redeemed June 15, 1993, for 100 percent of the $100 million principal amount. The debt securities issued are unsecured obligations ranking equally and ratably with other unsecured and unsubordinated indebtedness of Aon.
 -0- 6/18/93
 /CONTACT: Martha M. Butler, CFA of Duff & Phelps Credit Rating Co., 312-368-3191/
 (AOC)


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

PS -- NY036 -- 3586 06/18/93 12:58 EDT
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Publication:PR Newswire
Date:Jun 18, 1993
Words:127
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