secwatch / observer
8-K filed January 6, 2026, 6:59 PM ET ticker SKWD CIK 0001519449
M&A confidence high sentiment positive materiality 0.85

Skyward Specialty Insurance Group, Inc. (SKWD): M&A transaction — Skyward Specialty closes $555M acquisition of Apollo, financed with $300M debt facility

Skyward Specialty Insurance Group, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

Skyward Specialty Insurance Group, Inc. incurred credit facility of unsecured senior delayed draw term loan facility in the aggregate principal amount of $150.0 million (the "Tranche A Ter with Barclays Bank PLC, as Administrative Agent at term SOFR plus a margin, which will range from 150 basis points to 190 basis poi maturing Tranche A Term Facility matures on January 1, 2028 and the Tranche B Term Facility matures on July 2, 2029.

Instrument
credit facility
Principal
unsecured senior delayed draw term loan facility in the aggregate principal amount of $150.0 million (the "Tranche A Ter
Counterparty
Barclays Bank PLC, as Administrative Agent
Rate
term SOFR plus a margin, which will range from 150 basis points to 190 basis poi
Maturity
Tranche A Term Facility matures on January 1, 2028 and the Tranche B Term Facility matures on July 2, 2029
Event
incurrence
Exact text from the filing
and co-syndication agents for the Tranche B Term Facility. The facility includes (a) an unsecured senior delayed draw term loan facility in the aggregate principal amount of $150.0 million (the “Tranche A Term Facility”) and (b) an additional unsecured senior delayed draw term loan facility in the aggregate principal of $150.0 million (the “Tranche B Term Facility”
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Skyward Specialty Insurance Group, Inc. completed an acquisition involving Sellers (Majority Sellers and Minority Sellers of Apollo Group Holdings Limited) for $555.0 million (closed 2026-01-01).

Action
acquisition
Counterparty
Sellers (Majority Sellers and Minority Sellers of Apollo Group Holdings Limited)
Consideration
$555.0 million
Closing
2026-01-01
Exact text from the filing
Sellers" and together with the Majority Sellers, the "Sellers"). The consideration for the entire issued share capital of Apollo (the "Apollo Shares") under the Apollo SPAs is $555.0 million. On January 1, 2026 (the “Closing Date”), the Company consummated the Acquisition and related transactions pursuant to the Apollo SPAs (the “Closing”). hares") under the Apollo
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Skyward Specialty Insurance Group, Inc. entered into Guaranty Agreement with subsidiary guarantors (effective 2025-12-30).

Action
entry
Agreement
credit facility
Counterparty
subsidiary guarantors
Effective
2025-12-30
Exact text from the filing
In connection with the Credit Agreement, on December 30, 2025, the Company and the subsidiary guarantors party thereto, entered into a Guaranty Agreement (the “Guaranty Agreement”), pursuant to which the Company’s obligations under the Facility are guaranteed by the Company and its existing wholly-owned subsidiaries and subsequently acquired or organized subsidiaries
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Skyward Specialty Insurance Group, Inc. entered into Term Loan Credit Agreement with Barclays Bank PLC, Truist Securities, Inc., Citizens Bank, N.A., Texas Capital Bank valued at $300.0 million (effective 2025-12-30).

Action
entry
Agreement
credit facility
Counterparty
Barclays Bank PLC, Truist Securities, Inc., Citizens Bank, N.A., Texas Capital Bank
Value
$300.0 million
Effective
2025-12-30
Exact text from the filing
On December 30, 2025, the Company entered into a Term Loan Credit Agreement (the “Facility”) by and among the Company, as Borrower, the lenders from time to time parties thereto (each a “Lender” and collectively, the “Lenders”), Barclays Bank PLC, as Administrative Agent (the “Agent”), and the Agent, Truist Securities, Inc., Citizens Bank, N.A. and Texas Capital Bank as joint lead arrangers, joint book runners and co-syndication agents for the Tranche B Term Facility.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Skyward Specialty Insurance Group, Inc. amended First Amendment with Barclays Bank PLC (effective 2025-12-30).

Action
amendment
Agreement
credit facility
Counterparty
Barclays Bank PLC
Effective
2025-12-30
Exact text from the filing
On December 30, 2025, the Company entered into the First Amendment (the “Amendment”) to the Credit Agreement, dated November 13, 2025 (the “Existing Credit Agreement”), by and among the Company, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as administrative agent.
View on SEC.gov

Browse all debt financings →

Skyward Specialty Insurance Group, Inc. filing history →

Source: SEC EDGAR
accession 0001519449-26-000002
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.