$50m committed across 1 active facility, next covenant test Sep 30, 2026. UVE
The Borrower will not, nor will it permit any Subsidiary to, expend, or be committed to expend, in excess of $25,000,000 (in the aggregate) for Consolidated Capital Expenditures during any fiscal year of the Borrower (excluding Consolidated Capital Expenditures that are eliminated in the Borrower’s consolidated financial statements).Read the filing on sec.gov ↗
The Borrower will not permit Total Debt at any time to exceed 30% of Total Capitalization.Read the filing on sec.gov ↗
The Borrower will not permit the Consolidated Net Worth at any time to be less than $495,408,000.Read the filing on sec.gov ↗
The Borrower will not permit “total adjusted capital” ... of any existing or future Regulated Insurance Company ... to be less than 250.0% of the applicable “Authorized Control Level RBC” ... as determined as of the end of each fiscal year of the Borrower.Read the filing on sec.gov ↗
Signed May 29, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving Credit Facility | $50m | May 2027 | 200 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level Level 1 | all times | 200 bps | 38 bps |
§1.01
Lenders: JPMorgan Chase Bank, N.A.
No amendments on file yet.
Email [email protected].