PCF Insurance secures $400 million incremental term loan

Chicago, Aug. 1 – PCF Insurance Services secured $400 million in an upsized incremental term loan, according to a press release.

Blue Owl acted as lead arranger and administrative agent.

The loan was upsized from $300 million.

The maturity date will be congruent with existing facilities.

Proceeds will be used to fund expansion of PCF’s Office Partner network. The deal included a delayed-draw component to be used for mergers and acquisitions.

Based in Lehi, Utah, PCF is a consultant and insurance brokerage firm.

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