trending Market Intelligence /marketintelligence/en/news-insights/trending/eDgMawp7Qt5KwXH3bt79ww2 content esgSubNav
In This List

Acrisure prices offering of additional secured notes

Blog

The Big Picture 2022 Insurance Industry Outlook

Podcast

Next in Tech | Episode 37: Insurance impacts on technology and vice versa

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Acrisure prices offering of additional secured notes

Acrisure LLC and Acrisure Finance Inc. priced an offering of an additional $200 million of their 8.125% senior secured notes due 2024.

The additional secured notes are expected to be issued at an issue price of 106% of face amount, plus accrued interest from Aug. 15. The additional secured notes will represent a further issuance of the $750 million notes issued in January.

The offering is expected to close on Oct. 25. Net proceeds are set to be used to fund acquisitions and to pay related fees and expenses.