---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-173975"
form_type: "8-K"
ticker: "AJG"
cik: "0000354190"
company_name: "Arthur J. Gallagher & Co."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:31:08.922311+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Arthur J. Gallagher enters $1.2B revolving credit facility through 2028

## Summary
- New five-year unsecured revolver of $1.2B, with accordion to $1.7B.
- Facility available in USD, GBP, CAD, AUD, NZD, EUR, JPY and other agreed currencies.
- Bears variable interest based on benchmark rate plus margin tied to debt rating.
- Prior $1.2B credit agreement dated June 2019 was terminated concurrently.
- Proceeds for general corporate and working capital purposes.

## SEC filing metadata
- accession: 0001193125-23-173975
- form_type: 8-K
- ticker: AJG
- cik: 0000354190
- company_name: Arthur J. Gallagher & Co.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354190/000119312523173975/0001193125-23-173975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354190/000119312523173975/d463078d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-173975
- JSON: https://secwatch.observer/filing/0001193125-23-173975.json
- Plain text: https://secwatch.observer/filing/0001193125-23-173975.txt

## Key facts
- Debt Financings
  Arthur J. Gallagher & Co. incurred revolving credit of $1,200,000,000 with Bank of America, N.A. at variable annual rate based on a customary benchmark rate for each available curr maturing five-year.
  - Instrument: revolving credit
  - Principal: $1,200,000,000
  - Counterparty: Bank of America, N.A.
  - Rate: variable annual rate based on a customary benchmark rate for each available curr
  - Maturity: five-year
  - Event: incurrence
  source text: On June 22, 2023, Arthur J. Gallagher & Co. (the “ Company ”) entered into a new Credit Agreement (the “ Credit Agreement ”) among the Company, as borrower, Bank of America, N.A., as administrative agent and L/C issuer, and the other lenders and L/C issuers party thereto. The Credit Agreement provides for a five-year unsecured revolving credit facility in the amount of $1,200,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/354190/000119312523173975/0001193125-23-173975-index.htm

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