secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K
Filed at:   2024-06-11T23:59:59+00:00
Accession:  0001193125-24-159210
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown & Brown issues $600M 5.650% Senior Notes due 2034, net proceeds ~$593.2M
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- Issued $600M aggregate principal amount of 5.650% Senior Notes due June 11, 2034.
- Net proceeds of approximately $593.2M after underwriting discounts and estimated offering expenses.
- Proceeds to redeem existing 4.2% senior notes due Sep 2024 and for general corporate purposes.
- Interest payable semi-annually on June 11 and Dec 11, commencing Dec 11, 2024.
- Notes are senior unsecured obligations ranking equally with existing and future senior unsecured debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000119312524159210/0001193125-24-159210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000119312524159210/d750800d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-159210

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