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Prospect News home > News index > List of issuers H > Headlines for Higginbotham Insurance Agency Inc. > News item
Published on 3/21/2024 in the Prospect News Bank Loan Daily.

Higginbotham gets $475 million delayed-draw term loan via Stone Point

By Sara Rosenberg

New York, March 21 – Higginbotham Insurance Agency Inc. got a $475 million senior secured delayed-draw term loan that is priced at SOFR plus 475 basis points, according to a market source.

Stone Point Capital Markets led the deal.

Proceeds will be used to provide flexibility for future growth.

Higginbotham is a Fort Worth-based independent retail insurance broker.


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