Baldwin Group $1.006 billion credit facilities financing
We advised the borrower on the refinancing and amendment
Davis Polk advised The Baldwin Insurance Group Holdings, LLC as borrower in connection with a $931 million repricing of its existing term loan facility and a $75 million incremental term loan facility. The Baldwin Group will use the proceeds from the incremental term loan facility for general corporate purposes.
The Baldwin Group is an independent insurance distribution firm providing indispensable expertise and delivering bespoke client solutions, services and innovation through its comprehensive and tailored approach to risk management, insurance and employee benefits.
The Davis Polk finance team included partner Meyer C. Dworkin, counsel Jeffrey (Man To) Hon and associate Meredith (Sijia) Liu. The capital markets team included partner Pedro J. Bermeo and counsel Joze Vranicar. Counsel Sarah E. Kim and associates Rosina Curren and Uche I. Polanco provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.