Baldwin Insurance Group adds $100M term B loans, ups facility to $935.8M

Baldwin Insurance Group, Inc.

Incremental $100M term B loans added on Jan 10, 2025, increasing total term loan facility to $935.8M.
Proceeds used to repay all existing Initial Term Loans outstanding as of closing.
New Term Loans bear interest at term SOFR + 300 bps, stepping down to 275 bps at 4.00x first lien net leverage ratio.
Maturity remains May 24, 2031; same terms as initial term loans otherwise.

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