James River Group Holdings Ltd. Enters New $212.5 Million Unsecured Revolving Credit Agreement with KeyBank and Truist Securities
James River Group Holdings Ltd. has entered into a new Credit Agreement on June 12, 2025, with KeyBank National Association, serving as Administrative Agent and Letter of Credit Issuer, alongside Truist Securities, Inc. as Joint Book Runners and Joint Lead Arrangers. The new agreement replaces the company's previous credit facility, providing a $212.5 million unsecured revolving credit facility for general corporate purposes, maturing on the same date. The agreement also allows for potential increases of up to $30 million, subject to certain conditions. As part of the agreement, James River Group Holdings UK Limited and James River Group, Inc., subsidiaries of the company, have entered into Continuing Guaranties of Payment to ensure compliance with the terms.
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. James River Group Holdings 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: 0001620459-25-000090), on June 13, 2025, and is solely responsible for the information contained therein.
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