BlackRock Financial Management Provides $300MM Term Loan to Root - News
Root, the parent company of Root Insurance Company, completed a new term loan facility with BlackRock Financial Management, on behalf of funds and accounts under its management, and its affiliates and co-investor. The five-year, $300 million term loan will carry an interest rate of term SOFR + 9%. In conjunction with the term loan, Root issued...
Alex Timm Mark Lawrence Root Insurance Company Root Co Blackrock Financial Management Root Co Founder
Source: abladvisor.com