secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0000950103-25-000389
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000095010325000389/0000950103-25-000389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000095010325000389/dp223332_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-000389

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer