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Stock impact report

Enact Announces Closing of New $435 Million Revolving Credit Facility [Yahoo! Finance]

Enact Holdings, Inc. (ACT) 
US:NYSE Investor Relations: advisorshares.com/fund/act
Company Research Source: Yahoo! Finance
that it has entered into a new $435 million five-year senior unsecured revolving credit facility (the “Credit Facility”) effective September 30, 2025. This Credit Facility replaces the previous $200 million senior unsecured revolving credit facility. “The new facility significantly enhances our borrowing capacity and extends our maturity profile, providing greater financial flexibility and liquidity to support our operations,” said Dean Mitchell, Executive Vice President and Chief Financial Officer of Enact. “We are pleased with the terms of the facility, which reflect our strong credit profile and capital position, and appreciate the strong support from our banking partners.” Borrowings under the Credit Facility will accrue interest at a floating rate tied to a standard short-term borrowing index plus an applicable margin that is determined by the company's credit ratings and currently stands at 125 basis points. As of the closing date, no amounts have been borrowed under the Cre Show less Read more
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