debt
confidence high
sentiment neutral
materiality 0.35
Equitable Holdings extends reimbursement agreement maturities with Commerzbank and Helaba
Equitable Holdings, Inc.
- Commerzbank Amendment prolongs Commitment Termination Date to 12 years from June 20, 2024.
- Helaba Amendment prolongs Commitment Termination Date to 11 years from the same effective date.
- Both amendments modify the original Reimbursement Agreements dated February 16, 2018.
- Agreements govern standby letters of credit or similar obligations; no principal amount or rate disclosed.
- Full terms will be filed as exhibits to the Q2 2024 10-Q.