Chubb INA Holdings LLC, a subsidiary of Chubb Limited, has successfully priced a public offering of $1.25 billion in senior notes with an interest rate of 4.90%, set to mature in 2035. The offering is backed by a guarantee from Chubb Limited. The proceeds from this will be directed towards general corporate purposes, notably including the repayment of a portion of $1.5 billion in outstanding 3.35% senior notes due in 2026. The joint book-running managers for this transaction are Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and Wells Fargo Securities, LLC.
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