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.
