The Baldwin Group Announces Upsize and Pricing of $600 Million Offering of Senior Secured Notes due 2031
The Baldwin Insurance Group, Inc. - Class A (BRP)
Last the baldwin insurance group, inc. - class a earnings: 3/24 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
institucional.telecom.com.ar/inversores/investors.html
Company Research
Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin”) (NASDAQ: BRP), announced today the pricing of the previously announced offering by its direct subsidiary The Baldwin Insurance Group Holdings, LLC (“Baldwin Holdings”) and a wholly-owned corporate subsidiary of Baldwin Holdings of $600 million (representing an upsize from the previously announced $500 million) aggregate principal amount of senior secured notes due 2031 (the “notes”).The notes will be issued at par and will bear interest at a rate of 7.125% per annum payable semiannually in cash in arrears on May 15 and November 15 of each year, beginning November 15, 2024 and will mature on May 15, 2031.Baldwin Holdings intends to use the net proceeds from the issuance of the notes, together with borrowings under its proposed new term loan facility and cash on hand, to repay in full the entire outstanding amounts of borrowings un
Show less
Read more
Impact Snapshot
Event Time:
BRP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BRP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BRP alerts
High impacting The Baldwin Insurance Group, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BRP
News
- The Baldwin Group to Change Ticker Symbol to BWIN on May 20, 2024Business Wire
- The Baldwin Group Announces Successful Pricing with Improved Terms for $840 Million Term Loan B and $600 Million RevolverBusiness Wire
- The Baldwin Insurance Group, Inc. (NASDAQ: BRP) had its price target raised by analysts at UBS Group AG from $35.00 to $37.00. They now have a "buy" rating on the stock.MarketBeat
- ICEYE enhances UK flood insurance management with satellites [Yahoo! Finance]Yahoo! Finance
- BRP Group, Inc. (NASDAQ:BRP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
BRP
Earnings
- 5/7/24 - Beat
BRP
Sec Filings
- 5/16/24 - Form 8-K
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- BRP's page on the SEC website