SiriusPoint Ltd. Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945

Reuters

06-07

<a href="https://laohu8.com/S/SPNT">SiriusPoint Ltd.</a> Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945

SiriusPoint Ltd. has announced a new financial arrangement involving its subsidiary, Sirius International Corporate Member Limited. On June 6, 2025, the subsidiary entered into a $35 million Tier 1 FAL Facility Agreement with Lloyds Bank PLC and other lenders. This facility, maturing on December 31, 2026, includes an option for a 12-month extension subject to certain conditions. The agreement provides collateral in the form of Funds at Lloyds' of London to support the operations of Lloyd's of London Syndicate 1945, an affiliate of the borrower. The facility is accompanied by customary financial covenants and requires the borrower to potentially cash collateralize obligations under specific conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SiriusPoint Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-137070), on June 06, 2025, and is solely responsible for the information contained therein.

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Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SPNT\">SiriusPoint Ltd.</a> Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        SiriusPoint Ltd. has announced a new financial arrangement involving its subsidiary, Sirius International Corporate Member Limited. On June 6, 2025, the subsidiary entered into a $35 million Tier 1 FAL Facility Agreement with Lloyds Bank <a href=\"https://laohu8.com/S/PLC\">PLC</a> and other lenders. 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Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-07 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SPNT\">SiriusPoint Ltd.</a> Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        SiriusPoint Ltd. has announced a new financial arrangement involving its subsidiary, Sirius International Corporate Member Limited. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SiriusPoint Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-137070), on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0477156797.USD","symbol_name":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL6SL75:1","article_id":"2541898269","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541898269","pubTimestamp":1749240976,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SiriusPoint Ltd. has announced a new financial arrangement involving its subsidiary, Sirius International Corporate Member Limited. 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Subsidiary Secures $35 Million Tier 1 Facility with Lloyds Bank to Support Lloyd's of London Syndicate 1945\n    \n\n        SiriusPoint Ltd. has announced a new financial arrangement involving its subsidiary, Sirius International Corporate Member Limited. On June 6, 2025, the subsidiary entered into a $35 million Tier 1 FAL Facility Agreement with Lloyds Bank PLC and other lenders. This facility, maturing on December 31, 2026, includes an option for a 12-month extension subject to certain conditions. The agreement provides collateral in the form of Funds at Lloyds' of London to support the operations of Lloyd's of London Syndicate 1945, an affiliate of the borrower. The facility is accompanied by customary financial covenants and requires the borrower to potentially cash collateralize obligations under specific conditions.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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