Baldwin Insurance Group, Inc. (BWIN): debt financing — Baldwin Insurance reprices $931M term loan, adds $75M incremental debt, lowers revolver margin

Baldwin Insurance Group, Inc.

Repriced $931.1M senior secured first lien term loan facility to SOFR + 2.50% margin.
Added $75M of incremental term B loans, increasing total to $1.006B.
Net proceeds used to pay down outstanding revolving credit facility borrowings.
Revolving credit loan applicable margin reduced to 1.75%-2.50% (based on leverage).
New terms effective September 18, 2025; loans mature May 24, 2031.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Baldwin Insurance Group, Inc. incurred term loan of $75 million with JPMorgan Chase Bank, N.A. (as administrative agent) at term SOFR, plus an applicable margin of 2.50%.

Instrument: term loan
Principal: $75 million
Counterparty: JPMorgan Chase Bank, N.A. (as administrative agent)
Rate: term SOFR, plus an applicable margin of 2.50%
Event: incurrence

Exact text from the filing

provide for $75 million of incremental term B loans (the "New Term Loans"), increasing the aggregate principal amount of the Existing Term Loans to $1,006 million

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Baldwin Insurance Group, Inc. amended term loan of $931.1 million with JPMorgan Chase Bank, N.A. (as administrative agent) at term SOFR, plus an applicable margin of 2.50% maturing May 24, 2031.

Instrument: term loan
Principal: $931.1 million
Counterparty: JPMorgan Chase Bank, N.A. (as administrative agent)
Rate: term SOFR, plus an applicable margin of 2.50%
Maturity: May 24, 2031
Event: amendment

Exact text from the filing

reprice its existing $931.1 million senior secured first lien term loan facility maturing on May 24, 2031 (the "Existing Term Loans"), (ii) provide for $75 million of incremental term B loans (the "New Term Loans"), increasing the aggregate principal amount of the Existing Term Loans to $1,006 million and (iii) reduce the applicable margin for the Revolving Credit Loans (as defined in the Credit Agreement).

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10 debt financings filed in the last 30 days. Browse all debt financings →

Baldwin Insurance Group, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-207391

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