Acrisure seeks amendment to transition term loans to SOFR

By Sara Rosenberg

New York, March 21 – Acrisure LLC is seeking a negative consent amendment to shift its term loan B-1, term loan B-2 and term loan B-3 to SOFR from Libor and add 10 basis points CSA, according to a market source.

JPMorgan Chase Bank is the lead on the deal.

The amendment deadline is 5 p.m. ET on Friday, the source added.

Acrisure is a Caledonia, Mich.-based insurance brokerage.

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