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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