AON is a global professional services company offering a wide range of risk management, insurance brokerage, and reinsurance brokerage services.
An analysis of the recently matured fixed-income security, specifically the AON corporate bond identified by ISIN US00185AAF12 (CUSIP: 00185AAF1), reveals the details of a successful redemption on June 13, 2024, confirming its full repayment to investors. This bond, issued from the United States, was part of a significant $600,000,000 offering, carrying a 3.5% annual coupon rate paid semi-annually, with a minimum purchase denomination set at $2,000; at its maturity, the bond's market price was recorded at 100% of its par value in USD. The issuer, AON plc, is a prominent global professional services firm headquartered in London, specializing in a comprehensive range of risk, retirement, and health solutions, leveraging its extensive operational reach across more than 120 countries to deliver data-driven insights to clients worldwide. The credit quality of this bond was affirmed by leading rating agencies, with Standard & Poor's assigning an A- rating and Moody's providing a Baa2 rating, indicative of AON's robust financial standing and capacity to meet its debt obligations, culminating in the prompt settlement of this particular issuance upon its maturity.
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