{"schema_version":"secwatch.filing_event.v1","accession":"0001781755-23-000032","form_type":"8-K","ticker":"BWIN","cik":"0001781755","company_name":"Baldwin Insurance Group, Inc.","filed_at":"2023-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.207317+00:00","generated_at":"2026-06-10T13:40:56.647665+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BRP Group subsidiary enters $170M incremental term loan facility, raises total term loans to $1.02B","bullets":["Baldwin Risk Partners borrows $170M incremental Term Loan B under amended Credit Agreement, increasing existing term facility from $850M to $1.02B.","Proceeds used to repay certain revolving loans; remaining for general corporate purposes of BRP LLC and subsidiaries.","Amendment dated Sept 15, 2023; lenders include JPMorgan, Wells Fargo, BofA Securities, Capital One, Raymond James, Morgan Stanley, Cadence Bank, SouthState.","Incremental Term Loan B subject to substantially same terms as existing term loans maturing in 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001781755-23-000032","json":"https://secwatch.observer/filing/0001781755-23-000032.json","markdown":"https://secwatch.observer/filing/0001781755-23-000032.md","text":"https://secwatch.observer/filing/0001781755-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781755/000178175523000032/0001781755-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781755/000178175523000032/brp-20230915.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T13:40:56.647665+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b1d7dfc7179f59d5a62d736a5da9e48a8d76f077","claim":"Baldwin Insurance Group, Inc. incurred term loan of $170 million with JPMorgan Chase Bank, N.A..","evidence_excerpt":"a new senior secured first lien incremental term loan facility in an aggregate principal amount of $170 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781755/000178175523000032/0001781755-23-000032-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$170 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b2278e9f746eb6627cb951320aca7553231cacba","claim":"Baldwin Insurance Group, Inc. amended Amendment No. 7 to the Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $170 million (effective 2023-09-15).","evidence_excerpt":"Baldwin Risk Partners, LLC (“BRP LLC”), a subsidiary of BRP Group, Inc., as borrower, entered into an Amendment No. 7 to the Credit Agreement (as defined below) (the “Amendment”) with JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), certain material subsidiaries of BRP LLC (together with BRP LLC, the “Loan Parties”), as guarantors, and the several banks, financial institutions, institutional investors and other entities party thereto as lenders","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781755/000178175523000032/0001781755-23-000032-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Value","value":"$170 million"},{"label":"Effective","value":"2023-09-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}