Hub hails $6.9bn debt raise as largest ever insurance broker leveraged finance deal

Published: Thu 22 Jun 2023

Hub International has confirmed the completion of a $6.9bn debt raise to refinance its $6.4bn term loan debt that was coming due in 2025, describing it as the largest leveraged finance transaction for an insurance broker ever, while its banking group raised its revolving credit facilities by more than $200mn.