February 2024

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Nassau Financial Group Announces Close of $250 Million in Credit Facilities

Nassau Financial Group Announces Close of $250 Million in Credit Facilities

HARTFORD, Conn., Feb. 22, 2024 — Nassau Financial Group (“Nassau”) announced today that it has closed on a $150 million revolving credit facility and a $100 million term loan credit facility, arranged by RBC Capital Markets. This new agreement includes a refinancing and upsizing of an existing revolving credit facility arranged by RBC Capital Markets in 2022 and a new term loan credit facility.

Both facilities will provide Nassau with additional financial flexibility to execute on growth plans across its insurance and asset management businesses.

February 22, 2024 Alice Ericson No comments
Alice EricsonNassau Financial Group Announces Close of $250 Million in Credit Facilities
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AM Best Revises Issuer Credit Rating Outlook to Positive

AM Best Revises Issuer Credit Rating Outlook to Positive

After another great year in 2023, AM Best has revised the outlook to positive for Nassau’s Long-Term Issuer Credit Ratings. AM Best also affirmed Nassau’s Financial Strength Rating (FSR) at B++.

We’ve already hit the ground running in 2024 with the launch of our innovative new fixed indexed annuity, Nassau Income Accelerator. It’s just one way we are working harder to be your carrier of choice.

February 15, 2024 Alice Ericson No comments
Alice EricsonAM Best Revises Issuer Credit Rating Outlook to Positive
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