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Stock impact report

Palomar Holdings, Inc. Completes Acquisition of The Gray Casualty & Surety Company and Closes $450 Million Credit Facility [Yahoo! Finance]

Palomar Holdings, Inc. - Common stock (PLMR) 
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
of the previously announced acquisition of The Gray Casualty & Surety Company (“Gray Surety”), effective January 31, 2026, and the successful closing of new unsecured financing, effective January 27, 2026. The financing includes a $150 million revolving facility and a $300 million term loan. U.S. Bank National Association and KeyBank National Association served as the Joint Lead Arrangers and Joint Book Runners, with U.S. Bank National Association as Administrative Agent, KeyBank National Association as Syndication Agent, and Citizens Bank, N.A., The Huntington National Bank, PNC Bank, National Association, Wells Fargo Bank, National Association as co-documentation agents, and JPMorgan Chase Bank participated in the term loan. “I am pleased to announce the successful closing of our acquisition of Gray Surety, a national surety carrier with a proven and exceptional management team,” commented Mac Armstrong, Palomar's Chairman and Chief Executive Officer. “This transaction meaningfu Show less Read more
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