Item 1.01 Entry into a Material Definitive Agreement.

On May 19, 2022, Willis North America Inc., a Delaware corporation (the "Issuer"), completed an offering of $750,000,000 million aggregate principal amount of the Issuer's 4.650% Senior Notes due 2027 (the "Notes"). The Notes are fully and unconditionally guaranteed by Willis Towers Watson Public Limited Company, an Irish public limited company and parent company of the Issuer (without any of its consolidated subsidiaries, the "Parent"), Willis Towers Watson Sub Holdings Unlimited Company, a company organized under the laws of Ireland, Willis Netherlands Holdings B.V., a company organized under the laws of the Netherlands, and Willis Investment UK Holdings Limited, TA I Limited, Willis Towers Watson UK Holdings Limited, Trinity Acquisition plc and Willis Group Limited, companies organized under the laws of England and Wales (collectively with the Parent, the "Guarantors").

The Notes were sold in a public offering pursuant to a Registration Statement on Form S-3 (File No. 333-263086), and a related prospectus and prospectus supplement filed with the Securities and Exchange Commission. The Notes were issued pursuant to a base indenture, as amended, supplemented or otherwise modified from time to time, dated as of May 16, 2017, among the Issuer, the Guarantors and Computershare Trust Company, National Association (the "Trustee"), as successor to Wells Fargo Bank, National Association, as trustee, as amended by the fifth supplemental indenture, dated as of May 19, 2022, among the Issuer, the Guarantors and the Trustee, dated as of May 19, 2022.

The Notes will mature on June 15, 2027. Interest accrues on the Notes from May 19, 2022 and will be paid in cash on June 15 and December 15 of each year, commencing on December 15, 2022. The Notes are senior unsubordinated unsecured obligations of the Issuer and rank equally in right of payment with all of the Issuer's existing and future unsubordinated and unsecured senior debt and with the Issuer's guarantee of all of the existing and future senior debt of the Parent and the other Guarantors, including the Issuer's 3.600% Senior Notes due 2024, 4.500% Senior Notes due 2028, 2.950% Senior Notes due 2029, 5.050% Senior Notes due 2048 and 3.875% Senior Notes due 2049, Trinity Acquisition plc's 4.625% Senior Notes due 2023, 4.400% Senior Notes due 2026 and 6.125% Senior Notes due 2043 and any debt under the Parent's senior revolving credit facility. The Notes will be senior in right of payment to any future subordinated debt of the Issuer and are effectively subordinated to all of the Issuer's existing and future secured debt to the extent of the value of the assets securing such debt.

The net proceeds from this offering, after deducting the underwriter discount and estimated offering expenses, are approximately $744 million. We intend to use the net proceeds of this offering to (i) repay approximately €540 million aggregate principal amount of the Issuer's 2.125% Senior Notes due 2022 and related accrued interest, which shall result in the repayment in full of the Issuer's 2.125% Senior Notes due 2022, and (ii) for general corporate purposes

The foregoing description of the Fifth Supplemental Indenture is qualified in its entirety by reference to the Fifth Supplemental Indenture, which has been filed as Exhibit 4.1 hereto and is incorporated herein by reference.

Item 8.01 Other Events.

In connection with the offering of the Notes, Parent is filing as Exhibits 5.1 through 5.4 hereto the opinions of counsel addressing the validity of the Notes and the Guarantees and certain related matters. Such exhibits are incorporated by reference into the Registration Statement.

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Item 9.01 Financial Statements and Exhibits.




(d) Exhibits

Exhibit
Number                                    Description

 4.1           Fifth Supplemental Indenture, dated as of May 19, 2022, among
             Willis North America Inc., as issuer, Willis Towers Watson Public
             Limited Company, Willis Towers Watson Sub Holdings Unlimited Company,
             Willis Netherlands Holdings B.V., Willis Investment UK Holdings
             Limited, TA I Limited, Willis Towers Watson UK Holdings Limited,
             Trinity Acquisition plc and Willis Group Limited, as guarantors, and
             Computershare Trust Company, National Association, as trustee.

 4.2           Form of Note (included in Exhibit 4.1).

 5.1           Opinion of Weil, Gotshal & Manges LLP.

 5.2           Opinion of Matheson.

 5.3           Opinion of Baker & McKenzie Amsterdam N.V.

 5.4           Opinion of Weil, Gotshal & Manges (London) LLP.

23.1           Consent of Weil, Gotshal & Manges LLP (included as part of Exhibit
             5.1).

23.2           Consent of Matheson (included as part of Exhibit 5.2).

23.3           Consent of Baker & McKenzie Amsterdam N.V. (included as part of
             Exhibit 5.3).

23.4           Consent of Weil, Gotshal & Manges (London) LLP (included as part of
             Exhibit 5.4).

104          Cover Page Interactive File (the cover page tags are embedded within
             the Inline XBRL document).

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