secwatch.observer — SEC 8-K summary
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Issuer:     RYAN SPECIALTY HOLDINGS, INC. (RYAN)
CIK:        0001849253
Form:       8-K
Filed at:   2024-09-05T23:59:59+00:00
Accession:  0001193125-24-214267
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849253/000119312524214267/0001193125-24-214267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849253/000119312524214267/d889451d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-214267

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