{"schema_version":"secwatch.filing_event.v1","accession":"0000947484-23-000095","form_type":"8-K","ticker":"ACGL","cik":"0000947484","company_name":"ARCH CAPITAL GROUP LTD.","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.483540+00:00","generated_at":"2026-06-09T06:35:30.553167+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Arch Capital ups L/C facility to $530M; extends availability to May 2024","bullets":["Arch Reinsurance (Arch Capital subsidiary) amended L/C facility from $400M to $530M, a $130M increase.","Availability period extended from May 31, 2023 to May 31, 2024.","New lenders added: TD Bank ($120M), ANZ ($20M), and OCBC ($130M); Bank of Montreal exited.","Borrower must maintain financial strength rating of B++ (A.M. Best) or BBB+ (S&P)."],"urls":{"canonical":"https://secwatch.observer/filing/0000947484-23-000095","json":"https://secwatch.observer/filing/0000947484-23-000095.json","markdown":"https://secwatch.observer/filing/0000947484-23-000095.md","text":"https://secwatch.observer/filing/0000947484-23-000095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/947484/000094748423000095/0000947484-23-000095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/947484/000094748423000095/acgl-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T06:35:30.553167+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":"8012a03023ce0e9d57817a38007e69b7f0dd8a9a","claim":"ARCH CAPITAL GROUP LTD. amended Amendment No. 3 and Joinder to Letter of Credit Facility Agreement with Lloyds Bank Corporate Markets plc valued at $530 million (effective 2023-10-25).","evidence_excerpt":"On October 25, 2023, Arch Reinsurance Ltd. (“ArchRe”), a wholly-owned subsidiary of Arch Capital Group, Ltd. (“Arch”), entered into Amendment No. 3 and Joinder to Letter of Credit Facility Agreement ( “Amendment No. 3”), as the borrower with Lloyds Bank Corporate Markets plc (“Lloyds”), as Administrative Agent and L/C Agent, which amends the Letter of Credit Facility Agreement, dated as of November 3, 2020, as amended by Amendment No. 1 to Letter of Credit Facility Agreement dated as of October 29, 2021 and as further amended by Amendment No. 2 and Joinder to Letter of Credit Facility Agreement dated as of October 27, 2022 (the “ Existing L/C Agreement”). The Existing L/C Agreement, as amended by Amendment No. 3 (the “Amended L/C Agreement”), provides for a $530 million facility for letters of credit in respect of Funds at Lloyds (the “FAL L/C Facility”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/947484/000094748423000095/0000947484-23-000095-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Lloyds Bank Corporate Markets plc"},{"label":"Value","value":"$530 million"},{"label":"Effective","value":"2023-10-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}