Willis North America Begins Tender Offer For Notes

Stock quotes in this article: WSH  

NEW YORK (AP) — Willis North America Inc., a subsidiary of insurance broker Willis Group Holdings Ltd., said Tuesday that it has begun a tender offer for its 5.125 percent senior notes due 2010.

Willis North America said it's offering to buy any and all of its 2010 notes for a maximum of $256.9 million plus accrued and unpaid interest. The offer will expire on Sept. 29 unless extended or earlier terminated.

Willis Group shares added 12 cents to $28 in morning trading.

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