Alliant Holdings to repay all revolver borrowings with note proceeds

By Sara Rosenberg

New York, April 21 – Alliant Holdings plans to repay all borrowings outstanding under its senior secured revolving facility with proceeds from a $300 million senior unsecured notes offering, according to a market source.

Remaining proceeds from the notes will be used for general corporate purposes.

Alliant is a Newport Beach, Calif.-based specialty insurance brokerage firm.

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