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	<title>Stock Blog Hub &#187; Willis Group Holdings Ltd.</title>
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		<title>(WSH) Willis Group Holdings Limited Offers Senior Notes</title>
		<link>http://www.stockbloghub.com/2009/09/24/wsh-willis-group-holdings-limited-offers-senior-notes/16011</link>
		<comments>http://www.stockbloghub.com/2009/09/24/wsh-willis-group-holdings-limited-offers-senior-notes/16011#comments</comments>
		<pubDate>Thu, 24 Sep 2009 20:01:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Willis Group Holdings Ltd.]]></category>
		<category><![CDATA[WSH]]></category>

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		<description><![CDATA[Willis North America Inc., a subsidiary of Willis Group Holdings Limited (WSH)  has priced its $300 million worth of senior unsecured notes due 2019 at 7.0%. The notes which are guaranteed by Willis Group Holdings carry ratings of Baa3 of Moody’s and BBB- of S&#38;P. Bank of America (BAC) and JPMorgan Chase (JPM) were the joint book running managers for the sale. Willis intends to use the net proceeds from this offering to purchase any and all of Willis North America&#8217;s outstanding 5.125% senior notes due 2010 that are tendered and accepted in a separate offering. Any remaining proceeds will then be used for general corporate purposes. Willis Group Holdings’ second-quarter profit of 52 cents per share was just a penny ahead of Zacks Consensus Estimate. Results reflected growth in ]]></description>
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