Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Lead Arrangers and Initial Purchasers in Notes Offering and Credit Facility for Acrisure

Date: 02/16/21

Cahill represented the initial purchasers in connection with a Rule 144A offering of $700,000,000 aggregate principal amount of 4.250% senior secured notes due 2029 by Acrisure, a leading insurance broker in the United States. Cahill also represented the lead arrangers in connection with an amendment to add an additional $700,000,000 to Acrisure’s existing term B credit facility. Proceeds from the debt offering and concurrent credit facility are expected to be used for refinancing existing indebtedness and for general corporate purposes.