BWIN

#1780
The Baldwin Insurance Group, Inc. - Class A Common Stock
28.8 6 USD
-0.02%
Sector: Finanzas
Básica: USD
Divisa de beneficio: USD
Rango diario
28.86
28.86
Rango anual
16.13
30.04
Cambio diario
-2.10%
Variación mensual
+2.96%
Variación en los últimos 6 meses
+70.17%
Cambio anual
+70.17%
Cierres anteriores
29.4 8
Open
28.8 6
Mínimo
28.8 6
High
28.8 6
Volumen
138
Ver el calendario completo

Financials

Visión general Informes Estadísticas Documents

2026

Current report, Q3 FY2026
Baldwin Insurance Group, Inc. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
Baldwin Insurance Group, Inc. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
Baldwin Insurance Group, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Baldwin Insurance Group, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Baldwin Insurance Group, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Baldwin Insurance Group, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Baldwin Insurance Group, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Baldwin Insurance Group, Inc. current report, Q1 FY2026
8-K

2025

Annual report, FY2025
Baldwin Insurance Group, Inc. annual report, FY2025
10-K
Current report, Q4 FY2025
Baldwin Insurance Group, Inc. current report, Q4 FY2025
8-K

Baldwin Insurance Group, Inc. current report, Q1 FY2025

Full document

Business Context and Reporting Period

Company: The Baldwin Insurance Group, Inc. (BWIN)
Filing Type: Form 8-K (Current Report)
Date of Report: January 10, 2025
Event: Entry into a Material Definitive Agreement regarding debt refinancing and expansion.

Key Financial Metrics

This filing details a specific debt transaction rather than reporting period-end financial performance metrics (revenue, profit, cash flow). Key debt metrics disclosed include:

  • Incremental Borrowing: $100 million in new Term B loans.
  • Total Facility Size: Increased from $835.8 million to $935.8 million.
  • Maturity Date: May 24, 2031.
  • Interest Rate: Term SOFR + 300 basis points (bps).
  • Margin Step-Down: Reduces to 275 bps if the first lien net leverage ratio is 4.00x or below.
  • Use of Proceeds: Full repayment of existing Initial Term Loans.

Material Changes Versus Prior Period

The primary material change is the amendment to the Amended and Restated Credit Agreement dated May 24, 2024. The company increased its senior secured first lien term loan facility by $100 million. The new loans were funded on the closing date and immediately utilized to refinance the outstanding Initial Term Loans, effectively rolling over the existing debt while increasing the total principal amount.

Guidance, Outlook, and Risks

Management Commentary: The filing confirms the successful execution of the debt amendment and funding. No specific forward-looking guidance on revenue or earnings is provided in this document.
Risks and Contingencies: The filing notes that the description of the Amendment is not complete and is subject to the full text of the agreement, which will be filed in the next Annual Report on Form 10-K. The interest rate is variable based on Term SOFR, exposing the company to interest rate fluctuations.

Investor Verification Checklist

  • Verify the full text of the Credit Agreement Amendment in the upcoming Form 10-K for covenants and prepayment terms.
  • Monitor the company's first lien net leverage ratio to determine if the interest margin step-down to 275 bps is achievable.
  • Confirm the impact of the increased debt load on future interest expense coverage ratios.
  • Review subsequent filings for any changes in the Term SOFR rate affecting the cost of debt.