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0 0 0.00611719253058589 0.00611719253058589 0.00772698003863485 -0.015292981326465 -0.0070830650354154 -0.00289761751448808
Stock impact report

The Baldwin Group Announces Successful Repricing for $931.1 Million Term Loan Facility

The Baldwin Insurance Group, Inc. - Class A (BWIN) 
Company Research Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin,” “we” or “our”) (NASDAQ: BWIN), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced that its subsidiary, The Baldwin Insurance Group Holdings, LLC (“Baldwin Holdings”), successfully received commitments from lenders to (i) reprice its existing $931.1 million senior secured first lien term loan facility maturing on May 24, 2031 (the “Existing Term Loan Facility”) and (ii) enter into an incremental term loan facility amendment to its existing credit agreement (the “Credit Agreement”) pursuant to which Baldwin Holdings is expected to borrow $75 million of incremental term B loans (the “Incremental Term Loan B”; the Incremental Term Loan B together with the Existing Term Loan Facility, the “Term Loan Facility”) under the Credit Agreement, which would increase the aggregate pri Show less Read more
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