Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.9
Daniel J. Heinlein departed as President and Chief Executive Officer of JRG Re at James River Group Holdings, Inc..
- Action
- no longer employed by a subsidiary of the Company
- Role
- President and Chief Executive Officer of JRG Re
Exact text from the filing
In connection with the Transaction, as of April 16, 2024, Daniel J. Heinlein, President and Chief Executive Officer of JRG Re, joined Buyer, and is no longer employed by a subsidiary of the Company.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
James River Group Holdings, Inc. completed a disposition involving Fleming Intermediate Holdings LLC for aggregate purchase price received by the Company, after giving effect to estimated adjustments based on changes in JRG Re’s adjusted net worth between March 31, (closed 2024-04-16).
- Action
- disposition
- Counterparty
- Fleming Intermediate Holdings LLC
- Consideration
- aggregate purchase price received by the Company, after giving effect to estimated adjustments based on changes in JRG Re’s adjusted net worth between March 31,
- Closing
- 2024-04-16
Exact text from the filing
Agreement, the aggregate purchase price received by the Company, after giving effect to estimated adjustments based on changes in JRG Re’s adjusted net worth between March 31, 2023 and the Closing, totaled approximately $291.4 million. The aggregate purchase price was comprised of (i) $152.4 million paid in cash by Buyer and (ii) an aggregate $139
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
James River Group Holdings, Inc. amended First Amendment to the Third Amended and Restated Credit Agreement with KeyBank National Association (effective 2024-04-16).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- KeyBank National Association
- Effective
- 2024-04-16
Exact text from the filing
On April 16, 2024, James River Group Holdings, Ltd. (the "Company") entered into (i) the First Amendment (the "KeyBank Amendment") to the Third Amended and Restated Credit Agreement dated as of July 7, 2023 (the "KeyBank Facility") by and among the Company, as borrower, KeyBank National Association ("KeyBank") as Administrative Agent and Letter of Credit Issuer, KeyBank and Truist Securities, Inc. as Joint Book Runners and Joint Lead Arrangers, Truist Bank as Syndication Agent, and the lender parties thereto (the "KeyBank Lenders")
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
James River Group Holdings, Inc. amended Fourth Amendment to the Credit Agreement with BMO Bank N.A. (effective 2024-04-16).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- BMO Bank N.A.
- Effective
- 2024-04-16
Exact text from the filing
(ii) the Fourth Amendment (the "BMO Amendment") to the Credit Agreement dated as of August 2, 2017, as amended, (the "BMO Facility") by and among the Company, as borrower, and BMO Bank N.A., as the lender ("BMO")
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