Brown & Brown secures credit facility, draws $825M immediately

Filed June 5, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

• high

  Company entered into amended credit agreement providing in total capacity: $1.25B revolving facility (up from $800M) plus two new term loans of $250M each maturing in 2029 and 2031.

  Item 1.01 verify on EDGAR →
• high

  Already drew $825M under the new facilities as of filing date, suggesting active deployment for acquisitions or corporate purposes—nearly half the total capacity utilized immediately.

  Item 1.01 verify on EDGAR →
• medium

  Revolving facility maturity extended to June 2031, reducing refinancing risk and providing long-term liquidity runway for the insurance broker's growth strategy.

  Item 1.01 verify on EDGAR →