debt
confidence high
sentiment neutral
materiality 0.55
Bowhead closes $150M of 7.750% Senior Notes due 2030, repays credit facility
Bowhead Specialty Holdings Inc.
- Issued $150M aggregate principal of 7.750% Senior Notes due December 1, 2030.
- Interest payable semi-annually on June 1 and December 1, beginning June 1, 2026.
- Net proceeds used to grow insurance subsidiary business and for general corporate purposes.
- Concurrently terminated and repaid in full the existing credit facility with JPMorgan Chase.