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Enact Enters Into $200 Million Revolving Credit Facility

Jul 07, 2022•about 3 years ago

Amount Raised

$200 Million

Raleigh

Description

Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that it entered into a five-year $200 million senior unsecured revolving credit facility (the “Credit Facility”) on June 30, 2022. The company may use borrowings under the Credit Facility for working capital needs and general corporate purposes, including capital contributions to our insurance subsidiaries.

Company Information

Company

Enact

Location

Raleigh, North Carolina, United States

About

The company may use borrowings under the Credit Facility for working capital needs and general corporate purposes, including capital contributions to our insurance subsidiaries.

FundzWatch™ Score

66
Medium Activity

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