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BroadStreet to launch $325 million unsecured debt later this week
By Paul A. Harris
Portland, Ore., Oct. 4 – BroadStreet is expected to launch a $325 million unsecured debt offering later this week, according to a market source.
The Columbus, Ohio-based insurance brokerage was set to launch a $332.5 million incremental term loan via arranger RBC on a Monday lender call.
Proceeds will be used to fund a new core agency partnership.
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