Moody’s gives B2 to Acrisure loan

Moody's Investors Service said it assigned a B2 rating to a $1 billion senior secured term loan being issued by Acrisure, LLC.

The agency affirmed Acrisure’s B2 senior secured bank facility rating on July 19, 2021.

Acrisure will use the loan to help fund acquisitions, provide incremental liquidity and pay related fees and expenses.

The routlook is unchanged at stable.

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