Enact Holdings, Inc. (Nasdaq: ACT) announced on October 1, 2025 that it has entered into a new $435 million five‑year senior unsecured revolving credit facility, effective September 30, 2025. The facility replaces the company’s prior $200 million revolving line and provides a significant increase in borrowing capacity for working‑capital and general corporate purposes.
The credit facility is structured with a floating interest rate tied to a standard short‑term borrowing index plus a margin of 125 basis points, reflecting Enact’s strong credit profile. The syndicate of eight banks, led by JPMorgan Chase Bank, N.A. as administrative agent and Truist Securities, Inc. as joint lead arranger, underscores the confidence of the banking community in Enact’s financial strength.
By extending its maturity profile and enhancing liquidity, the new facility positions Enact to support ongoing operations, potential capital deployment, and strategic initiatives while maintaining a robust capital position. The terms will be filed with the SEC as an exhibit to a current report on Form 8‑K, providing transparency to investors and regulators.
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