---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-259864"
form_type: "8-K"
ticker: "BRO"
cik: "0000079282"
company_name: "BROWN & BROWN, INC."
filed_at: "2026-06-05T21:00:15+00:00"
generated_at: "2026-06-05T21:08:56.494723+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brown & Brown ups revolving credit to $1.25B; adds $500M term loans through 2031

## Summary
- Revolving credit facility increased from $800M to $1.25B; maturity extended to June 5, 2031.
- New $250M Term A-1 Loan Facility maturing June 5, 2029, and $250M Term A-2 Loan Facility maturing June 5, 2031.
- $825M outstanding under the Facilities as of June 5, 2026.
- Third Amended and Restated Credit Agreement replaces 2021 agreement; includes customary covenants.

## SEC filing metadata
- accession: 0001193125-26-259864
- form_type: 8-K
- ticker: BRO
- cik: 0000079282
- company_name: BROWN & BROWN, INC.
- filed_at: 2026-06-05T21:00:15+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/bro-20260605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-259864
- JSON: https://secwatch.observer/filing/0001193125-26-259864.json
- Plain text: https://secwatch.observer/filing/0001193125-26-259864.txt

## Key facts
- Debt Financings
  BROWN & BROWN, INC. amended revolving credit of $1,250 million (increased from $800 million) with JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein at unknown maturing June 5, 2031.
  - Instrument: revolving credit
  - Principal: $1,250 million (increased from $800 million)
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein
  - Maturity: June 5, 2031
  - Event: amendment
  source text: The Third Amended and Restated Credit Agreement: • increases the amount available to the Company and certain other subsidiary borrowers under the existing revolving credit facility (the “Revolving Credit Facility”) from $800 million to $1,250 million; • extends the applicable maturity date in respect of the Revolving Credit Facility in the amount of $1,250 million to June 5, 2031;
  evidence_url: https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm
- Debt Financings
  BROWN & BROWN, INC. incurred term loan of $250 million with JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein at unknown maturing June 5, 2029.
  - Instrument: term loan
  - Principal: $250 million
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein
  - Maturity: June 5, 2029
  - Event: incurrence
  source text: • makes available to the Company term loans in the aggregate amount of $250 million with a maturity date of June 5, 2029 (the “Term A-1 Loan Facility”);
  evidence_url: https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm
- Debt Financings
  BROWN & BROWN, INC. incurred term loan of $250 million with JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein at unknown maturing June 5, 2031.
  - Instrument: term loan
  - Principal: $250 million
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein
  - Maturity: June 5, 2031
  - Event: incurrence
  source text: • makes available to the Company term loans in the aggregate amount of $250 million with a maturity date of June 5, 2031 (the “Term A-2 Loan Facility” and collectively with the Revolving Credit Facility and the Term A-1 Loan Facility, the “Facilities” and each, a “Facility”);
  evidence_url: https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm
- Material Agreements
  BROWN & BROWN, INC. amended Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A., Truist Bank and BMO Bank N.A. as co-syndication agents, and U.S. Bank National Association, Fifth Third Bank, National Association, Wells Fargo Bank, National Association, PNC Bank, National Association, HSBC Bank USA, Nationa (effective 2026-06-05).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A., Truist Bank and BMO Bank N.A. as co-syndication agents, and U.S. Bank National Association, Fifth Third Bank, National Association, Wells Fargo Bank, National Association, PNC Bank, National Association, HSBC Bank USA, Nationa
  - Effective: 2026-06-05
  source text: On June 5, 2026, Brown & Brown, Inc. (the “Company”) entered into an amended and restated credit agreement (the “Third Amended and Restated Credit Agreement”) with the lenders named therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm

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