Summary by Futu AI
Chubb INA Holdings LLC announced on July 29, 2024, its agreement to sell $1.3 billion in senior notes through a public offering. The offering comprises $700 million of 4.650% Senior Notes due 2029 and $600 million of 5.000% Senior Notes due 2034.The 2034 Notes represent a further issuance that will be consolidated with the company's existing 5.000% Senior Notes issued on March 7, 2024. Upon completion, the total outstanding principal amount of the 2034 Notes will reach $1.6 billion. All notes will be fully and unconditionally guaranteed by Chubb Limited.