On November 17, 2017, Acrisure, LLC (the “Company”) successfully completed an offering of Senior Unsecured Notes due in 2025 (“the Notes”). A portion of the proceeds from the Notes was used to repay the Company’s second lien credit facility, and the remaining proceeds have been reserved to fund acquisitions.
In connection with the Notes offering on November 24, 2017, Acrisure, LLC completed a repricing and incremental add-on of the Company’s Senior Secured Credit Facility. The proceeds from the credit facility add-on have been reserved to fund acquisitions.
Access to Information
The Company is a privately owned company and restricts access to financial and other information relating to it. Current or prospective holders of the Company’s Notes, as well as securities analysts and market makers with respect to the Notes, are eligible to obtain access to:
- A secure data room to which the Company has agreed to post certain financial and other information as required by the indenture governing the Notes; and
- A quarterly conference call held by the Company to discuss its financial reports and results of operations for the relevant reporting period.
Upon completion and processing of the verification form, eligible parties will receive an electronic invite to the data room. The submission of the verification form will constitute your acknowledgment of the terms specified therein and that the Company reserves the right to modify the terms of your access to the data room or future conference calls at any time and without notice.