Acrisure in late stages of ~$2bn convertible pref raise with Bain, BDT support
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Acrisure in late stages of ~$2bn convertible pref raise with Bain, BDT support

The preferred shares will mandatorily convert to common equity on an IPO.

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Acrisure is closing in on a deal to raise up to $2bn in preferred shares, which will support its deleveraging by converting to common equity on an IPO, Insurance Insider US understands.

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