Aon plc Details Officer Compensation & Senior Note Guarantees
Ticker: AON · Form: 8-K · Filed: Feb 16, 2024
Sentiment: neutral
Topics: corporate-governance, debt, executive-compensation
TL;DR
**Aon just dropped an 8-K detailing officer pay and guarantees on a bunch of senior notes due from 2024 to 2031.**
AI Summary
Aon plc filed an 8-K on February 16, 2024, reporting on compensatory arrangements for certain officers and the departure or election of directors, effective February 13, 2024. The filing details guarantees for various senior notes, including Aon plc's 3.50% Senior Notes due 2024, 3.875% Senior Notes due 2025, and 2.875% Senior Notes due 2026. It also covers guarantees for Aon Corporation and Aon Global Holdings plc's 2.85% Senior Notes due 2027, and 2.05% and 2.60% Senior Notes due 2031.
Why It Matters
This filing provides transparency on Aon's executive compensation structures and its financial commitments through various senior note guarantees, which can impact the company's financial health and investor confidence.
Risk Assessment
Risk Level: low — The filing primarily reports on standard corporate governance and financial arrangements, not indicating any immediate significant risks or changes.
Key Numbers
- 3.50% — Interest Rate (Aon plc Senior Notes due 2024)
- 3.875% — Interest Rate (Aon plc Senior Notes due 2025)
- 2.875% — Interest Rate (Aon plc Senior Notes due 2026)
- 2.85% — Interest Rate (Aon Corporation and Aon Global Holdings plc Senior Notes due 2027)
- 2.05% — Interest Rate (Aon Corporation and Aon Global Holdings plc Senior Notes due 2031)
Key Players & Entities
- Aon plc (company) — Filer of the 8-K
- Aon Corporation (company) — Entity with senior notes guaranteed
- Aon Global Holdings plc (company) — Entity with senior notes guaranteed
- February 13, 2024 (date) — Conformed period of report
- February 16, 2024 (date) — Filed as of date
FAQ
What is the purpose of this 8-K filing by Aon plc?
The 8-K filing by Aon plc, filed on February 16, 2024, reports on the departure or election of directors, appointment of certain officers, and compensatory arrangements of certain officers, effective February 13, 2024. It also details guarantees for various senior notes.
Which specific senior notes are guaranteed by Aon plc according to this filing?
The filing mentions guarantees for Aon plc's 3.50% Senior Notes due 2024, 3.875% Senior Notes due 2025, and 2.875% Senior Notes due 2026.
What other entities' senior notes are guaranteed as per this 8-K?
The filing also details guarantees for Aon Corporation and Aon Global Holdings plc's 2.85% Senior Notes due 2027, and their 2.05% and 2.60% Senior Notes due 2031.
What is the latest date mentioned in the filing regarding the period of report?
The conformed period of report for this 8-K is February 13, 2024.
What is the Central Index Key (CIK) for Aon plc?
The Central Index Key (CIK) for Aon plc is 0000315293.
Filing Stats: 773 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2024-02-16 16:46:41
Key Financial Figures
- $0.01 — ich registered Class A Ordinary Shares $0.01 nominal value AON New York Stock Ex
Filing Documents
- d665291d8k.htm (8-K) — 46KB
- 0001193125-24-038533.txt ( ) — 293KB
- aon-20240213.xsd (EX-101.SCH) — 8KB
- aon-20240213_def.xml (EX-101.DEF) — 19KB
- aon-20240213_lab.xml (EX-101.LAB) — 35KB
- aon-20240213_pre.xml (EX-101.PRE) — 21KB
- d665291d8k_htm.xml (XML) — 23KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Aon plc By: /s/ Darren Zeidel Name: Darren Zeidel Title: Executive Vice President, General Counsel and Company Secretary Date: February 16, 2024