05:17 PM EDT, 09/05/2024 (MT Newswires) -- Ryan Specialty ( RYAN ) said late Thursday its Ryan Specialty LLC unit priced an upsized private offering of $600 million of 5.875% senior secured notes due 2032 at 100% of par.

The offering was boosted by $100 million.

The offering is expected to close Sept. 19 with net proceeds to repay part of the borrowings under a revolving credit facility used to help fund the acquisition of US Assure Insurance Services of Florida, the company said.

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