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Brown & Brown Inc enters into credit agreement - Form 8-K


Tuesday, 22 Apr 2014 06:01am EDT 

Brown & Brown Inc:Enters into a credit agreement.Agreement provides for an unsecured revolving credit facility in the initial amount of $800 mln and unsecured term loans in the initial amount of $550 mln, either or both of which may, subject to lenders’ discretion, potentially be increased up to an aggregate amount of $1.85 bln.Facility terminates on April 16, 2019, but either or both of the revolving credit facility and the term loans may be extended for two additional one-year periods at the request of the company and at the discretion of the respective lenders. 

Company Quote

32.3
0.24 +0.75%
20 Oct 2014