---
schema_version: "secwatch.filing_event.v1"
accession: "0001096343-23-000160"
form_type: "8-K"
ticker: "MKL"
cik: "0001096343"
company_name: "MARKEL GROUP INC."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T17:35:35.385949+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Markel Group enters into amended $300M revolving credit facility expiring 2028

## Summary
- Revolving credit facility provides up to $300M for acquisitions, investments, stock repurchases, and working capital.
- Facility matures June 23, 2028; replaces prior $300M facility dated April 10, 2019.
- Up to $200M of capacity may be used for letters of credit; facility can be increased by up to $200M subject to commitments.
- Financial covenants include maximum debt-to-capitalization ratio and minimum consolidated net worth.

## SEC filing metadata
- accession: 0001096343-23-000160
- form_type: 8-K
- ticker: MKL
- cik: 0001096343
- company_name: MARKEL GROUP INC.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096343/000109634323000160/0001096343-23-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096343/000109634323000160/mkl-20230623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096343-23-000160
- JSON: https://secwatch.observer/filing/0001096343-23-000160.json
- Plain text: https://secwatch.observer/filing/0001096343-23-000160.txt

## Key facts
- Material Agreements
  MARKEL GROUP INC. amended amended and restated credit agreement valued at up to $300 million (effective 2023-06-23).
  - Action: amendment
  - Agreement: credit facility
  - Value: up to $300 million
  - Effective: 2023-06-23
  source text: On June 23, 2023, Markel Group Inc. (the Company) entered into an amended and restated credit agreement for its revolving credit facility, which provides up to $300 million of capacity for future acquisitions, investments and stock repurchases and for other working capital and general corporate purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1096343/000109634323000160/0001096343-23-000160-index.htm

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