---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-149333"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:44:11.427122+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Baldwin Insurance issues $600M 7.125% notes, $840M term loan, refinances debt

## Summary
- $600M 7.125% Senior Secured Notes due 2031 issued at par; semi-annual interest starting Nov 2024.
- $840M new term loan facility (maturing 2031) issued at 99.75%; fully advanced at closing.
- $600M new revolving credit facility (maturing 2029) established; no initial borrowings drawn.
- Proceeds used to repay existing credit facilities, pay fees, settle contingent earnout liabilities.
- Notes and term loan are senior secured, pari passu with new revolving facility; covenants limit debt and liens.

## SEC filing metadata
- accession: 0001193125-24-149333
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2024-05-29T23:59:59+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/1781755/000119312524149333/0001193125-24-149333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000119312524149333/d823548d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-149333
- JSON: https://secwatch.observer/filing/0001193125-24-149333.json
- Plain text: https://secwatch.observer/filing/0001193125-24-149333.txt

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