Nassau Financial enters credit agreements totaling $250 million

By William Gullotti

Buffalo, N.Y., Feb. 22 – Nassau Financial Group, LP closed on credit facilities arranged by RBC Capital Markets totaling $250 million, according to a Thursday press release.

The total is comprised of a $150 million revolver and a new $100 million term facility.

The revolver is an upsized refinancing of an existing revolving facility arranged by RBC in 2022.

Sidley Austin LLP served as legal advisor to Nassau, and Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisor to RBC Capital Markets.

Relevant facility details, such as tenor and interest rate, were not disclosed in the press release.

Based in Hartford, Conn., Nassau Financial Group is a growth focused and digitally enabled financial services company with three distinct and closely connected businesses: insurance, reinsurance and asset management.

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