Aon Global Limited Announces Redemption in Full and Delisting of 2.875% Senior Notes due 2026 from the New York Stock Exchange

Rhea-AI Summary

Aon (NYSE:AON) announced it will redeem in full and delist its 2.875% Senior Notes due 2026. The Notes will be redeemed on February 14, 2026 at 100% of principal plus accrued interest, with an aggregate Redemption Price of €510,869,863 (approximately €1,021.74 per €1,000 principal). The Notes were originally issued on May 14, 2014 under the Indenture dated May 24, 2013 (amended April 1, 2020).

The paying agent is The Bank of New York Mellon, London Branch; final interest will be paid as part of the Redemption Price upon presentation and surrender of the Notes through Euroclear/Clearstream procedures. Following redemption, no Notes will remain outstanding and the class will be retired.

Positive

• Aggregate redemption of €510,869,863
• Redemption to occur on February 14, 2026
• Notes redeemed at 100% of principal plus accrued interest
• Class will be retired; no Notes outstanding after redemption

Negative

• Delisting and withdrawal of Section 12(b) registration from NYSE
• Holders must present and surrender notes via Euroclear/Clearstream to receive final interest

News Market Reaction – AON

-0.34%

1 alert

-0.34% News Effect

On the day this news was published, AON declined 0.34%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Coupon rate: 2.875% Redemption date: February 14, 2026 Aggregate Redemption Price: €510,869,863.00 +3 more

6 metrics

Coupon rate 2.875% Interest rate on Senior Notes due 2026

Redemption date February 14, 2026 Full redemption of 2.875% Senior Notes

Aggregate Redemption Price €510,869,863.00 Total cash to redeem all outstanding Notes

Per-note Redemption Price €1,021.74 Per €1,000 principal amount of Notes

Principal repayment 100% of principal Redemption price equals full principal amount of Notes

Notes maturity year 2026 2.875% Senior Notes due 2026 being redeemed and delisted

Market Reality Check

Price: $325.07 Vol: Volume 1,011,494 vs 869,0...

normal vol

$325.07 Last Close

Volume Volume 1,011,494 vs 869,042 20-day average (elevated trading ahead of this news). normal

Technical Price $346.00 is trading below the $357.50 200-day moving average and about 16% below the 52-week high.

Peers on Argus

AON rose 0.41% with mixed peer moves: AJG +0.07%, BRO +0.27%, ERIE +0.58% versus...

AON rose 0.41% with mixed peer moves: AJG +0.07%, BRO +0.27%, ERIE +0.58% versus MMC -1.36% and WTW flat. This points to a stock-specific backdrop rather than a unified sector move.

Historical Context

5 past events · Latest: Jan 13 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 13	Clinical/cost research	Positive	-1.7%	GLP‑1 claims data showed strong clinical and employer cost benefits.
Jan 09	Earnings scheduling	Neutral	-0.1%	Set Q4 and full-year 2025 earnings release and call date.
Jan 09	Dividend declaration	Positive	-0.1%	Board approved a <b>$0.745</b> quarterly cash dividend.
Dec 01	Conference appearance	Neutral	-1.6%	CFO scheduled to speak at Goldman Sachs financial services conference.
Nov 18	Brand partnership	Positive	-0.4%	Aon-sponsored LPGA challenge concluded with $1M prize winner.

Pattern Detected

Recent AON headlines have generally been neutral-to-positive, yet the stock often showed modest negative reactions, indicating a tendency for slight sell-offs following constructive news.

Recent Company History

Over the last six months, Aon issued mainly strategic and investor-focused updates. These included GLP‑1 research findings with favorable clinical and cost outcomes on Jan 13, 2026, an upcoming earnings release and a $0.745 quarterly dividend announcement on Jan 9, 2026, as well as conference participation and brand-building sports sponsorship news in late 2025. Most of these were constructive but saw small negative price reactions, framing today’s note redemption announcement within a pattern of cautious market responses.

Market Pulse Summary

This announcement details Aon Global Limited’s plan to redeem in full and delist its 2.875% Senior N...

Analysis

This announcement details Aon Global Limited’s plan to redeem in full and delist its 2.875% Senior Notes due 2026, with an aggregate Redemption Price of €510,869,863.00 and per‑note payment of about €1,021.74 per €1,000 principal on February 14, 2026. It follows prior SEC activity removing other notes from listing, highlighting an ongoing focus on tidying the debt structure. Investors may track how this interacts with upcoming earnings, cash flows, and future financing choices.

Key Terms

senior notes, indenture, paying agent, section 12(b), +3 more

7 terms

senior notes financial

"redeem in full and delist its 2.875% Senior Notes due 2026"

Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

indenture financial

"in accordance with the Indenture, dated May 24, 2013, as amended"

An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

paying agent financial

"The paying agent for the redemption is The Bank of New York Mellon"

A paying agent is a bank or company that helps deliver payments, like interest or dividends, to investors. It’s like a trusted middleman who makes sure everyone gets their money on time, so investors don’t have to handle the details themselves.

section 12(b) regulatory

"withdraw the registration of the Notes under Section 12(b) of the"

Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.

euroclear technical

"procedures of the Euroclear Bank, S.A./N.V., as operator of the Euroclear System"

Euroclear is a large international financial system that handles the final transfer and safekeeping of stocks, bonds and other securities between banks, brokers and markets. For investors, it acts like a secure post office and vault for financial assets — reducing the chance of failed trades, speeding up ownership changes and making it easier to move, pledge or sell securities, which influences liquidity, costs and settlement speed.

clearstream banking technical

"and Clearstream Banking, société anonyme, Luxembourg) to the Paying Agent."

Clearstream Banking is a large, specialist financial infrastructure provider that holds and settles securities—like stocks and bonds—on behalf of banks and investors, acting like a secure, automated vault and clearing system. It matters to investors because it ensures trades are completed reliably, reduces the risk of lost or delayed transfers, and gives safer, faster access to domestic and international markets, which supports smooth functioning of portfolios.

forward‑looking statements regulatory

"all of which are forward‑looking statements as that term is defined"

Forward-looking statements are predictions, plans, projections or expectations about a company’s future results, strategy, or events that appear in press releases and regulatory filings. They matter to investors because they are not guarantees and often rely on assumptions that may prove wrong; think of them like a weather forecast useful for planning but uncertain, so investors should weigh those statements against hard facts, past performance and disclosed risks.

AI-generated analysis. Not financial advice.

LONDON, Jan. 15, 2026 /PRNewswire/ -- Aon Global Limited (f/k/a Aon plc) (the "Company"), a wholly owned subsidiary of Aon plc (NYSE:AON) ("Aon") today announced that it intends to redeem in full and delist its 2.875% Senior Notes due 2026 (the "Notes") from the New York Stock Exchange (NYSE) and to withdraw the registration of the Notes under Section 12(b) of the Securities Exchange Act of 1934, as amended.

The Company is undertaking these actions in connection with the full redemption of the Notes in accordance with the Indenture, dated May 24, 2013, as amended and restated on April 1, 2020, among the Company, Aon Corporation, Aon plc, Aon Global Holdings plc, and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Indenture"). The Notes were issued on May 14, 2014. Following the redemption, no Notes will remain outstanding and the class will be retired.

The Notes will be redeemed in full on February 14, 2026 (the "Redemption Date") at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price"). Therefore, the aggregate Redemption Price to be paid on the Redemption Payment Date is equal to €510,869,863.00, or approximately €1,021.74 per €1,000 principal amount of the Notes.

The paying agent for the redemption is The Bank of New York Mellon, London Branch (the "Paying Agent"). Holders with questions regarding the redemption may contact the Paying Agent at the following address:

The Bank of New York Mellon (London Branch)
Merck House, Seldown Lane
Poole, Dorset BH15 1PX
United Kingdom

The final interest on the Notes will be paid as part of the Redemption Price upon presentation and surrender of the Notes (subject to applicable procedures of the Euroclear Bank, S.A./N.V., as operator of the Euroclear System and Clearstream Banking, société anonyme, Luxembourg) to the Paying Agent.

This press release does not constitute a notice of redemption for the Notes. Furthermore, this press release shall not constitute an offer to sell nor a solicitation of an offer to buy any security, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Aon

Aon is the guarantor of the Notes.

Aon exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.

Additional information about Aon is available on Aon's investor relations website.

Investor Contacts:
Aon Corporation
200 East Randolph Street
Chicago, IL 60601
Investor Contact: Hallie Miller
+1 (847) 442 0622
investor.relations@aon.com

Safe Harbor Statement

This communication contains certain statements related to future results, or states Aon's intentions, beliefs and expectations or predictions for the future, all of which are forward‑looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward‑looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Forward‑looking statements include, among other things, statements regarding the proposed redemption and related delisting, the expected timing of the filing and effectiveness of Form 25, and any other statements about future events or performance. When Aon uses words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "potential," "will," or similar expressions, Aon is making forward‑looking statements.

The following factors, among others, could cause actual results to differ from those set forth in or anticipated by the forward‑looking statements: changes in the competitive environment; fluctuations in currency exchange, interest, or inflation rates; changes in global equity and fixed income markets; changes in the funded status of Aon's defined benefit pension plans; the level of Aon's debt and the terms thereof; rating agency actions; volatility in Aon's global tax rate; changes in accounting estimates or assumptions; limits on subsidiaries' ability to pay dividends; the impact of legal proceedings and other contingencies; the impact of, and potential challenges in complying with, laws and regulations in the jurisdictions in which Aon operates; failure to protect intellectual property rights or allegations of infringement; general economic and political conditions; ability to retain and attract qualified personnel; international risks associated with global operations; the effects of natural or human‑caused disasters, including pandemics and climate‑related events; any system or network disruption or breach; Aon's ability to develop, implement, update and enhance new technology; actions taken by third parties that perform aspects of Aon's business operations and client services; Aon's ability to continue, and the costs and risks associated with, growing, developing and integrating acquired businesses; Aon's ability to secure regulatory approvals and complete transactions; changes in commercial property and casualty markets, commercial premium rates or methods of compensation; Aon's ability to develop and implement growth strategies and initiatives and to achieve related cost savings; the effects of Irish law on Aon's operating flexibility and the enforcement of judgments; and adverse effects on the market price of Aon's securities and/or operating results for any reason, including failure to realize expected benefits of acquisitions in the expected timeframe, or at all, and significant integration costs or difficulties.

Any or all of Aon's forward‑looking statements may turn out to be inaccurate, and there are no guarantees about Aon's performance. The factors identified above are not exhaustive. Further information concerning Aon and its businesses, including factors that could materially affect Aon's financial results, is contained in Aon's filings with the SEC, including Aon's Annual Report on Form 10‑K for the year ended December 31, 2024, and subsequent reports. Aon is not under, and expressly disclaims, any obligation to update or alter any forward‑looking statement that it may make from time to time, whether as a result of new information, future events or otherwise.

 

View original content:https://www.prnewswire.com/news-releases/aon-global-limited-announces-redemption-in-full-and-delisting-of-2-875-senior-notes-due-2026-from-the-new-york-stock-exchange-302661789.html

SOURCE Aon plc

FAQ

What is Aon (AON) redeeming on February 14, 2026?

Aon is redeeming its 2.875% Senior Notes due 2026 in full on February 14, 2026.

How much will Aon (AON) pay to redeem the 2.875% notes due 2026?

The aggregate Redemption Price is €510,869,863, equal to €1,021.74 per €1,000 principal, plus accrued interest to the Redemption Date.

Will the 2.875% Senior Notes due 2026 remain listed on the NYSE after Aon's redemption?

No; Aon will delist the Notes and withdraw their Section 12(b) registration from the NYSE as part of the redemption.

Who is the paying agent for Aon's redemption of the 2.875% notes (AON)?

The paying agent is The Bank of New York Mellon, London Branch (Merck House, Seldown Lane, Poole, Dorset BH15 1PX).

Do holders of Aon's 2.875% notes need to take action to receive final interest?

Yes; final interest will be paid as part of the Redemption Price upon presentation and surrender of the Notes subject to Euroclear and Clearstream procedures.