The Baldwin Insurance Group Inc. announced that its subsidiary, The Baldwin Insurance Group Holdings, LLC, has successfully repriced its $931.1 million senior secured first lien term loan facility and will enter into an incremental term loan facility amendment. The amendment will allow Baldwin Holdings to borrow an additional $75 million, increasing the total principal amount to $1.006 billion. The company also entered into an interest rate swap agreement to fix the interest rate on $500 million of borrowings. The proceeds from this arrangement will be used to pay down outstanding borrowings and for general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Baldwin Insurance Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250912528058) on September 12, 2025, and is solely responsible for the information contained therein.