share_log

Ryan Specialty Launches Private Offering Of $500M Of Senior Secured Notes Due 2032

Benzinga ·  Dec 2 21:49

Ryan Specialty Holdings, Inc. (NYSE:RYAN) ("Ryan Specialty"), a leading international specialty insurance services firm, today announced that Ryan Specialty, LLC (the "Company"), an indirect subsidiary of Ryan Specialty, intends to offer up to $500 million in aggregate principal amount of additional 5.875% senior secured notes due 2032 in a private offering (the "New 2032 Notes"). The New 2032 Notes will be issued as additional notes under the indenture governing the outstanding $600 million in aggregate principal amount of the Company's 5.875% senior secured notes due 2032 issued on September 19, 2024 (the "Existing 2032 Notes").

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment