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Ryan Specialty Unit Prices Upsized $600 Million Debt Offering
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Ryan Specialty Unit Prices Upsized $600 Million Debt Offering
Dec 2, 2024 2:57 PM

05:37 PM EST, 12/02/2024 (MT Newswires) -- Ryan Specialty Holdings ( RYAN ) said late Monday its Ryan Specialty LLC unit priced an upsized private offering of $600 million of 5.875% senior secured notes due 2032 at 99.5% of par value.

The company originally planned to offer $500 million of the notes.

Ryan Specialty ( RYAN ) expects the offering to close on Dec. 9 and intends to use the net proceeds for future acquisition opportunities and investments, among other things.

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