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Published on 1/16/2024 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Acrisure to fully redeem outstanding 7% senior notes due 2025

By Mary Katherine Stinson

Lexington, Ky., Jan. 16 – Acrisure, LLC and Acrisure Finance, Inc. plan to use the proceeds from a sale of five-year notes to redeem all of the outstanding 7% senior notes due 2025, including the payment of premiums and accrued interest, according to market sources.

The issuers expect to use any remaining net proceeds from the notes offering to pay related fees and expenses.

Acrisure is a Grand Rapids, Mich.-based insurance and financial services company.


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