{"schema_version":"secwatch.filing_event.v1","accession":"0000947484-23-000086","form_type":"8-K","ticker":"ACGL","cik":"0000947484","company_name":"ARCH CAPITAL GROUP LTD.","filed_at":"2023-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.111544+00:00","generated_at":"2026-06-11T04:36:09.594911+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Arch Capital enters $925M credit facility with accordion to $1.5B","bullets":["Secured Tranche A facility of $425M for letters of credit; unsecured Tranche B facility of $500M for revolving loans and LCs.","Commitments expire August 23, 2028; letters of credit may extend to August 23, 2029.","Facility may be increased to $1.5B subject to receipt of additional commitments.","Covenants include max consolidated leverage ratio and minimum tangible net worth.","Amends and restates the prior credit agreement dated December 17, 2019; no events of default noted."],"urls":{"canonical":"https://secwatch.observer/filing/0000947484-23-000086","json":"https://secwatch.observer/filing/0000947484-23-000086.json","markdown":"https://secwatch.observer/filing/0000947484-23-000086.md","text":"https://secwatch.observer/filing/0000947484-23-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/947484/000094748423000086/0000947484-23-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/947484/000094748423000086/acgl-20230823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:36:09.594911+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"307db84572eb9573f9b1e2e8d71e48627ae9180f","claim":"ARCH CAPITAL GROUP LTD. amended Fourth Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent, L/C Administrator and a Fronting Bank, and the lenders party thereto valued at $425 million secured facility for letters of credit (the “Tranche A Facility”) and a $500 million un (effective 2023-08-23).","evidence_excerpt":"On August 23, 2023, Arch Capital Group Ltd. (“ACGL”) and certain of its subsidiaries (such subsidiaries designated as co-borrowers are referred to as “Designated Subsidiary Borrowers” and, together with ACGL, the “Borrowers”), entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) with Bank of America, N.A., as Administrative Agent, L/C Administrator and a Fronting Bank, and the lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/947484/000094748423000086/0000947484-23-000086-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as Administrative Agent, L/C Administrator and a Fronting Bank, and the lenders party thereto"},{"label":"Value","value":"$425 million secured facility for letters of credit (the “Tranche A Facility”) and a $500 million un"},{"label":"Effective","value":"2023-08-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}