BRP Group expands credit facility to $600M, extends maturity to 2027

Baldwin Insurance Group, Inc.

Revolving commitments increased from $475M to $600M, maturity extended to April 1, 2027.
Interest rate shifted to SOFR + 200-300 bps (plus 10 bps credit spread adjustment).
Total net leverage ratio covenant increased to 7.0x consolidated EBITDA.
Proceeds for general corporate purposes, including acquisitions and investments.
JPMorgan, Capital One, Wells Fargo, BofA, Morgan Stanley, Raymond James among arrangers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.