secwatch / observer
8-K filed January 26, 2024, 6:59 PM ET ticker EQH CIK 0001333986
debt confidence high sentiment neutral materiality 0.35

Equitable Holdings, Inc. (EQH): debt financing — Equitable Holdings enters $200M letter of credit facility with MUFG Bank

Equitable Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Equitable Holdings, Inc. incurred credit facility of $200 million with MUFG Bank, Ltd..

Instrument
credit facility
Principal
$200 million
Counterparty
MUFG Bank, Ltd.
Event
incurrence
Exact text from the filing
On January 23, 2024, Equitable Holdings, Inc. (the "Company") entered into a Reimbursement Agreement (the "Reimbursement Agreement") with the Subsidiary Account Parties party thereto and MUFG Bank, Ltd. (the "LC Issuer") as a letter of credit facility, pursuant to which the LC Issuer agreed to become an issuer of a letter of credit in a face amount equal to $200 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Equitable Holdings, Inc. entered into Reimbursement Agreement with MUFG Bank, Ltd. valued at $200 million (effective 2024-01-23).

Action
entry
Agreement
credit facility
Counterparty
MUFG Bank, Ltd.
Value
$200 million
Effective
2024-01-23
Exact text from the filing
On January 23, 2024, Equitable Holdings, Inc. (the "Company") entered into a Reimbursement Agreement (the "Reimbursement Agreement") with the Subsidiary Account Parties party thereto and MUFG Bank, Ltd. (the "LC Issuer") as a letter of credit facility, pursuant to which the LC Issuer agreed to become an issuer of a letter of credit in a face amount equal to $200 million.
View on SEC.gov

283 debt financings filed in the last 30 days. Browse all debt financings →

Equitable Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0000950170-24-007963
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