---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-214267"
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: "2026-05-31T06:18:14.156080+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ryan Specialty upsizes and prices $600M Senior Secured Notes at 5.875% due 2032

## Summary
- Priced $600M aggregate principal of 5.875% Senior Secured Notes due 2032 at 100% of par.
- Offering upsized by $100M from previously announced size; closing expected Sept 19, 2024.
- Net proceeds to repay revolver borrowings used to fund the $1.075B acquisition of US Assure Insurance Services.
- Notes are senior secured, jointly guaranteed by subsidiary guarantors, but not by Ryan Specialty Holdings.

## SEC filing metadata
- accession: 0001193125-24-214267
- 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: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849253/000119312524214267/0001193125-24-214267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849253/000119312524214267/d889451d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-214267
- JSON: https://secwatch.observer/filing/0001193125-24-214267.json
- Plain text: https://secwatch.observer/filing/0001193125-24-214267.txt

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