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Prospect News home > News index > List of issuers A > Headlines for Acrisure, LLC > News item
Published on 1/16/2019 in the Prospect News High Yield Daily.

Acrisure to sell $500 million secured notes due 2024 on Friday

By Paul A. Harris

Portland, Ore., Jan. 16 – Acrisure LLC and Acrisure Finance Inc. plan to price a $500 million offering of senior secured notes due 2024 (B3/B) on Friday, according to a market source.

J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets LLC and SunTrust Robinson Humphrey Inc. are the joint bookrunners for the Rule 144A and Regulation S for life offering.

The Grand Rapids, Mich.-based insurance brokerage plans to use the proceeds to fund bolt-on acquisitions and for general corporate purposes.


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