Announcements

Update On Debt Issuance

08 June, 2018 |Ardonagh Group | Business

08 June 2018

Further to its 01 June 2018 announcement, the Ardonagh Group (the “Group”) confirms the successful issuance of £98.3 million in aggregate principal amount of its 8.325% senior secured notes due 2023. The proceeds will be used for the repayment of existing indebtedness under the Group’s revolving credit facility and for general corporate purposes, including further investments in the business.

The new notes are fungible with the Group's existing 8.325% senior secured notes due 2023.


Notes to Editors

ABOUT THE ARDONAGH GROUP

The Ardonagh Group is the UK’s largest independent insurance broker with global reach. We are a network of over 100 office locations and a workforce of 6,000 people. The Ardonagh Group was created in June 2017, bringing together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, with the additional acquisitions of Healthy Pets in August 2017, and Carole Nash and Mastercover announced in December 2017. Our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver solutions that meet our customer needs.

Media Queries Internal & External Contact

Email: communications@ardonagh.com

Media Queries External Contact

Email: communications@ardonagh.com

Share article

Latest announcements

Ardonagh Advisory Makes Senior Appointments to Drive Digital Strategy

Ardonagh Advisory Holdings Ltd (“Ardonagh Advisory”) today announces the appointment of Marcus Golby as Chief Operating Officer and Tom Clark as Chief Technology Officer.

08 December, 2021

Andy Higginson to join Ardonagh Group as Chairman of Ardonagh Retail

The Ardonagh Group, a leading global insurance brokerage and service provider, is pleased to announce the appointment of Andy Higginson as Chairman of Ardonagh Retail, its online consumer business which caters for 3 million customers in the UK and Ireland. Andy’s appointment is subject to regulatory approval.

01 December, 2021