Ryan Specialty Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

Debt (Tables)

3 Months Ended

Mar. 31, 2026

The following table is a summary of the Company’s outstanding debt:


	March 31, 2026	December 31, 2025
Term debt
7-year term loan facility, periodic interest and quarterly principal payments, Adjusted Term SOFR + 2.00%, matures September 13, 2031	$1,656,411	$1,659,629
Senior secured notes
8-year senior secured notes, semi-annual interest payments, 4.38%, mature February 1, 2030	398,560	402,677
8-year senior secured notes, semi-annual interest payments, 5.88%, mature August 1, 2032	1,192,887	1,209,908
Revolving debt
5-year revolving loan facility, periodic interest payments, Adjusted Term SOFR + up to 2.50%, plus commitment fees of 0.25%-0.50%, matures July 30, 2029	319,399	74,062
Premium financing notes
Commercial notes, periodic interest and principal payments, 5.25%, expire May 1, 2026	634	2,519
Commercial notes, periodic interest and principal payments, 5.25%, expire June 1, 2026	201	499
Commercial notes, periodic interest and principal payments, 5.25%, expire June 21, 2026	1,185	2,355
Total debt	$3,569,277	$3,351,649
Less: Short-term debt and current portion of long-term debt	(35,364)	(60,187)
Long-term debt	$3,533,913	$3,291,462

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details