Brown & Brown Announces $4.2 Billion Notes Offering

The latest announcement is out from Brown & Brown ( (BRO) ).

On June 10, 2025, Brown & Brown, Inc. announced the pricing of its public offering of 39,215,686 shares of common stock, raising approximately $4 billion. The proceeds, expected to be around $3.9 billion after expenses, will be used to fund a merger with RSC Topco, Inc. and cover associated fees. Additionally, the company entered into a $4.2 billion notes offering on June 11, 2025, with the sale expected to close on June 23, 2025. These financial maneuvers are aimed at enhancing Brown & Brown’s market positioning and operational capabilities, with potential implications for stakeholders depending on the success of the merger and the company’s ability to manage increased indebtedness.

The most recent analyst rating on (BRO) stock is a Hold with a $106.00 price target. To see the full list of analyst forecasts on Brown & Brown stock, see the BRO Stock Forecast page.

Spark’s Take on BRO Stock

According to Spark, TipRanks’ AI Analyst, BRO is a Outperform.

Brown & Brown’s strong financial performance and strategic acquisitions are major strengths, supporting its market position and growth potential. However, the current technical indicators and high valuation pose short-term risks. The company’s commitment to ESG and effective management of economic uncertainties further bolster its long-term outlook.

To see Spark’s full report on BRO stock, click here.

More about Brown & Brown

Brown & Brown, Inc. is a leading insurance brokerage firm providing customer-centric risk management solutions since 1939. With a global presence spanning over 500 locations and a team of more than 17,000 professionals, the company is dedicated to delivering scalable, innovative strategies for its customers at every step of their growth journey.

Average Trading Volume: 2,207,402

Technical Sentiment Signal: Buy

Current Market Cap: $29.95B

For a thorough assessment of BRO stock, go to TipRanks’ Stock Analysis page.