鲍德温集团宣布重新定价9.311亿美元定期贷款安排

2025-09-12 21:17

The Baldwin Group (NASDAQ:BWIN) on Friday said its subsidiary, The Baldwin Insurance Group has successfully received commitments from lenders to reprice its existing $931.1 million senior secured first lien term loan facility maturing on May 24, 2031.
The company also entered into an incremental term loan facility amendment to its existing credit agreement pursuant to which Baldwin Holdings is expected to borrow $75M of incremental term B loans under the credit agreement, which would increase the aggregate principal amount of its existing term loan facility from $931.1 million to $1.006 billion.
In addition, Baldwin Holdings entered into an interest rate swap agreement to fix the floating interest rate portion on a notional amount of $500 million of borrowings at 3.244%, which will be effective on September 14, 2025.
The term loan facility will bear interest at term SOFR, plus an applicable margin of 250 bps.
Baldwin Holdings intends to use the net proceeds from the Incremental Term Loan B to pay down outstanding borrowings under its revolving credit facility, and any remaining proceeds for general corporate purposes.
Source: Press Release

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