Brown & Brown amends credit agreement, raising revolver to $1.25 billion
Brown & Brown entered into a Third Amended and Restated Credit Agreement on June 5, 2026, replacing its October 27, 2021 credit agreement. The revolving facility rises from $800 million to $1.25 billion with maturity extended to June 5, 2031, and two term loans of $250 million each were added, with $825 million outstanding across the facilities as of filing.
Key points
- Revolving Credit Facility increased from $800 million to $1,250 million, maturing June 5, 2031
- Term A-1 Loan Facility of $250 million matures June 5, 2029
- Term A-2 Loan Facility of $250 million matures June 5, 2031
- $825 million outstanding under the Facilities as of the filing date
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.