Insight and Intelligence on the London & International Insurance Markets

4 February 2012

Gallagher confirms new $500mn credit facility

19 July 2010

AJ Gallagher said last week it had entered into a new $500mn unsecured credit facility to replace one expiring later this year.

Twelve banks took part in the Bank of Montreal-led project, including Bank of America, Barclays, Citibank and JPMorgan Chase.

The US mid-market specialist also said it may request an additional $100mn of funding from the facility...


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