Alliant Insurance plans new debt financing for buyout by Blackstone

By Sara Rosenberg

New York, June 4 - Alliant Insurance Services Inc. plans on getting new debt financing to help fund its buyout by The Blackstone Group and management and employees from Lindsay Goldberg, according to a news release.

JPMorgan is the lead bank on the financing.

The transaction is expected to close within the next 75 days.

Alliant is an insurance brokerage firm.

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