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Prospect News home > News index > List of issuers B > Headlines for Brown & Brown, Inc. > News item
Published on 9/15/2014 in the Prospect News Investment Grade Daily.

Brown & Brown selling offering of senior notes

By Aleesia Forni

Virginia Beach, Sept. 15 – Brown & Brown Inc. plans to price an offering of senior notes, according to a 424B5 filed with the Securities and Exchange Commission.

J.P. Morgan Securities LLC, BofA Merrill Lynch and SunTrust Robinson Humphrey Inc. are the bookrunners.

Co-managers are RBC Capital Markets LLC and U.S. Bancorp Investments Inc.

Proceeds will be used to repay outstanding borrowings under a credit facility and for general corporate purposes.

Brown & Brown is a diversified insurance company based in Daytona Beach, Fla.


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