AmWINS to bring $200 million unsecured debt backing dividend

By Paul A. Harris and Sara Rosenberg

Portland, Ore., Sept. 15 – AmWINS Group Inc. is planning a $200 million offering of unsecured debt, according to a market source.

The unsecured debt comes in conjunction with a $100 million incremental first-lien term loan B via Goldman Sachs Bank USA, Barclays, J.P. Morgan Securities LLC, Morgan Stanley Senior Funding Inc. and Wells Fargo Securities LLC, set to launch on a Wednesday lender call.

Proceeds, along with cash on hand, will be used to fund a dividend to shareholders.

AmWINS is a Charlotte, N.C.-based specialty insurance broker.

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