Moody’s affirms Acrisure B3 rating as it issues $1bn in debt
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Moody’s affirms Acrisure B3 rating as it issues $1bn in debt

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Moody’s has affirmed Acrisure’s B3 credit rating, with a stable outlook, following news that the broker plans to issue $1bn in debt as it looks to take advantage of continued low interest rates to lower its borrowing costs.

Acrisure’s plan includes a new $500mn first-lien term loan maturing in 2027, which received a B2 rating, and $500mnn of other unsecured debt.

Moody’s

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