A.J. Gallagher’s $750 Million Offering

November 2, 2021

Cleary Gottlieb represented BofA Securities Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters, in a $750 million two-tranche registered offering by Arthur J. Gallagher & Co. (A.J. Gallagher) of investment-grade notes.

The offering of $400 million of 2.4% notes due 2031 and $350 million of 3.05% notes due 2052 launched and priced on November 2, 2021, and is expected to close on November 9, 2021.

A.J. Gallagher is a leading provider of insurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to business and organizations around the world. It has partners in over 150 countries.