---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-213713"
form_type: "8-K"
ticker: "RYAN"
cik: "0001849253"
company_name: "RYAN SPECIALTY HOLDINGS, INC."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:18:03.144981+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ryan Specialty proposes $500M senior secured notes offering; plans $1.7B term loan refinancing

## Summary
- Ryan Specialty, LLC offers $500M senior secured notes due 2032 to repay revolving credit borrowings used for US Assure acquisition.
- Concurrently, company commences refinancing existing $1.6B term loan with new up to $1.7B term loan facility.
- US Assure acquisition was consummated on Aug 30, 2024 for approx $1.075B.
- Notes are secured by substantially all assets that secure existing notes/credit facilities; not guaranteed by parent Ryan Specialty Holdings.
- Offering is private to QIBs and non-US persons under Rule 144A/Reg S; no registration under Securities Act.

## SEC filing metadata
- accession: 0001193125-24-213713
- form_type: 8-K
- ticker: RYAN
- cik: 0001849253
- company_name: RYAN SPECIALTY HOLDINGS, INC.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849253/000119312524213713/0001193125-24-213713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849253/000119312524213713/d894586d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-213713
- JSON: https://secwatch.observer/filing/0001193125-24-213713.json
- Plain text: https://secwatch.observer/filing/0001193125-24-213713.txt

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