---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-22-005627"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T12:27:05.007329+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950103-22-005627
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000095010322005627/0000950103-22-005627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000095010322005627/dp170212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-22-005627
- JSON: https://secwatch.observer/filing/0000950103-22-005627.json
- Plain text: https://secwatch.observer/filing/0000950103-22-005627.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.