On June 23, 2025, Brown & Brown, Inc. announced the completion of a significant financing agreement through the issuance and sale of several Senior Notes, raising a total of $4.2 billion. The company issued $400 million of 4.600% Senior Notes due 2026, $500 million of 4.700% Senior Notes due 2028, $800 million of 4.900% Senior Notes due 2030, $500 million of 5.250% Senior Notes due 2032, $1 billion of 5.550% Senior Notes due 2035, and $1 billion of 6.250% Senior Notes due 2055. These notes were part of a strategic financial move to support corporate activities, including potential mergers and acquisitions. The agreement includes covenants limiting secured debt and asset transfers, with provisions for repurchase in the event of a change of control. Holland & Knight LLP provided legal counsel for the issuance.
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