AmWINS Group to launch $1.38 billion credit facility on Tuesday

By Sara Rosenberg

New York, Jan. 5 – AmWINS Group LLC is set to hold a lender call at 10:30 a.m. ET on Tuesday to launch a $1,375,000,000 credit facility, according to a market source.

Goldman Sachs Bank USA, Barclays, J.P. Morgan Securities LLC, Morgan Stanley Senior Funding Inc. and Wells Fargo Securities LLC are the bookrunners on the deal.

The facility consists of a $125 million revolver, a $1.05 billion first-lien term loan and a $200 million second-lien term loan, the source said.

Proceeds will be used to refinance existing debt and for general corporate purposes.

AmWINS is a Charlotte, N.C.-based specialty insurance broker.

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