---
schema_version: "secwatch.filing_event.v1"
accession: "0000922621-21-000052"
form_type: "8-K"
ticker: "ERIE"
cik: "0000922621"
company_name: "ERIE INDEMNITY CO"
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T13:35:09.411454+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Erie Indemnity enters new $100M revolving credit facility with PNC, replacing JPMorgan; maturity Oct 2026

## Summary
- New $100M revolving credit facility with PNC Bank as administrative agent; includes $25M letter of credit subfacility.
- Replaces prior $100M facility with JPMorgan (maturity Oct 2023); no borrowings at closing.
- Maturity October 29, 2026; interest based on BSBY or Base Rate plus margin depending on leverage ratio.
- Covenants include limitations on debt, liens, dividends, and maintaining Indebtedness to Capitalization Ratio.
- Obligations secured by a pledge agreement; facility available for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0000922621-21-000052
- form_type: 8-K
- ticker: ERIE
- cik: 0000922621
- company_name: ERIE INDEMNITY CO
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922621/000092262121000052/0000922621-21-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922621/000092262121000052/erie-20211029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000922621-21-000052
- JSON: https://secwatch.observer/filing/0000922621-21-000052.json
- Plain text: https://secwatch.observer/filing/0000922621-21-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.