Nassau Financial Group closed on a $150 million revolving credit facility and a $100 million term loan credit facility, arranged by RBC Capital Markets. This new agreement includes a refinancing and upsizing of an existing revolving credit facility arranged by RBC Capital Markets in 2022 and a new term loan credit facility.
Both facilities will provide Nassau with additional financial flexibility to execute on growth plans across its insurance and asset management businesses.
Sidley Austin served as legal advisor to Nassau and Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisor to RBC Capital Markets on this transaction.
