---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-108156"
form_type: "8-K"
ticker: "RYAN"
cik: "0001849253"
company_name: "RYAN SPECIALTY HOLDINGS, INC."
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:43:13.162577+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ryan Specialty refinances $1.588B term loan, issues $600M 5.875% notes due 2032

## Summary
- Refinanced existing $1.5881B term loan; added $111.875M incremental term loan at SOFR+2.25% (down 50 bps).
- Net proceeds from $600M 5.875% senior secured notes due 2032 used to repay revolver borrowings funding US Assure acquisition.
- Term loan matures Sept 13, 2031; revolver matures July 30, 2029; notes mature Aug 1, 2032.
- US Assure acquisition closed Aug 30, 2024 for approx $1.075B; funded with revolver borrowings and cash.

## SEC filing metadata
- accession: 0000950170-24-108156
- form_type: 8-K
- ticker: RYAN
- cik: 0001849253
- company_name: RYAN SPECIALTY HOLDINGS, INC.
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849253/000095017024108156/0000950170-24-108156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849253/000095017024108156/ryan-20240913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-108156
- JSON: https://secwatch.observer/filing/0000950170-24-108156.json
- Plain text: https://secwatch.observer/filing/0000950170-24-108156.txt

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