Latham & Watkins Represents Golub Capital in Increasing Risk Strategies Unitranche To US$4.45 Billion

Golub Capital acted as Administrative Agent, Lead Arranger, and Joint Bookrunner on a US$700 million delayed draw term loan for Risk Strategies, increasing the company’s unitranche facility to US$4.45 billion. Risk Strategies, a leading US insurance broker, is a portfolio company of North American-focused middle market private equity firm, Kelso & Company. The landmark financing is the largest US unitranche to date in 2023, according to Direct Lending Deals.

Latham & Watkins LLP represented Golub in the financing with a banking team led by partner Brandon Anderson and counsel Colin O’Regan, and a corporate team led by partners Stelios Saffos, Peter Sluka, Sal Vanchieri, and Andrew Blumenthal, with associates Michael Harris and Andrew Angel. Advice was provided on tax matters by partner Bora Bozkurt, with associates Michael Yu and Jacob Nagelberg.