AmeriLife completes $395 million refinancing
June 19, 2019 - AmeriLife, a Clearwater firm that develops, markets and distributes insurance products, has new credit facilities providing up to $395 million. The refinancing was over-subscribed, a news release said. That allowed AmeriLife to raise additional capital that will be used to fund future acquisitions and pay a special dividend to equity holders. It also attracted a broader group of blue-chip lenders to the firm and reduced the cost of capital, the company said. J.C. Flowers & Co., a private investment firm, has been the majority owner of AmeriLife since 2015.