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Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Energy International Ltd. > News item
Published on 7/24/2017 in the Prospect News Bank Loan Daily.

AssuredPartners to refinance second-lien term loan via new notes

By Marisa Wong

Morgantown, W.Va., July 24 – AssuredPartners, Inc. plans to refinance its existing second-lien term loan using proceeds from an offering of notes.

The company will begin a roadshow on Tuesday for a $450 million offering of eight-year senior notes, according to a market source.

Morgan Stanley & Co. LLC, Bank of America Merrill Lynch, Barclays, RBC Capital Markets LLC, BMO Securities and Macquarie Capital (USA) Inc. are the joint bookrunners for the Rule 144A and Regulation S notes.

The insurance brokerage services provider is based in Lake Mary, Fla.


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