NMI Holdings Amends and Extends Revolving Credit Facility, Expanding Lender Group and Increasing Capacity to $100 Million
NMI Holdings Inc (NMIH)
Last nmi holdings inc earnings: 2/11 04:01 pm
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Source: GlobeNewswire
EMERYVILLE, Calif., March 20, 2020 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (Nasdaq: NMIH), the parent of National Mortgage Insurance Corporation (National MI), announced today that it has amended its senior secured revolving credit facility, expanding the lender group, increasing the revolving capacity to $100 million, extending the maturity from May 24, 2021 to February 22, 2023, and reducing the interest cost related to both undrawn commitments and drawn borrowings under the facility. No amounts have been borrowed under the facility. J.P. Morgan, RBC Capital Markets and SunTrust Robinson Humphrey served as joint lead arrangers on the transaction with additional commitments made by Citibank and Deutsche Bank. The amendments to the credit agreement governing the revolving facility, which will be filed with the Securities and Exchange Commission as an exhibit to a Current Report on Form 8-K, include certain conditions customary for agreements of those types. Cautionary Note R
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NMIH
News
- NMI Holdings, Inc. Prices $425 Million Senior Unsecured Notes Offering and Enters Into New $250 Million Unsecured Revolving Credit Facility [Yahoo! Finance]Yahoo! Finance
- NMI Holdings, Inc. Prices $425 Million Senior Unsecured Notes Offering and Enters Into New $250 Million Unsecured Revolving Credit FacilityGlobeNewswire
- NMI Holdings, Inc. (NASDAQ: NMIH) had its price target raised by analysts at Compass Point from $33.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- NMI Holdings Inc (NMIH) Hits Fresh High: Is There Still Room to Run? [Yahoo! Finance]Yahoo! Finance
- NMI Holdings, Inc. (NASDAQ: NMIH) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
NMIH
Earnings
- 4/30/24 - Beat
NMIH
Sec Filings
- 5/9/24 - Form 424B2
- 5/8/24 - Form 8-K
- 5/7/24 - Form FWP
- NMIH's page on the SEC website