---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-075004"
form_type: "8-K"
ticker: "ESNT"
cik: "0001448893"
company_name: "Essent Group Ltd."
filed_at: "2024-06-26T23:59:59+00:00"
generated_at: "2026-06-01T01:26:12.971265+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Essent Group enters $500M unsecured revolving credit facility, replacing $400M secured facility

## Summary
- Five-year unsecured revolving credit facility of $500 million, replacing $400M secured facility.
- Also provides up to $250 million in uncommitted incremental revolving credit at company's option.
- Closing conditioned on an underwritten public offering of senior notes and repayment of existing term loans.
- Covenants include max debt-to-capitalization ratio of 30%, compliance with PMIERs, minimum net worth.
- Borrowings used for working capital and general corporate purposes; interest at floating rate plus margin.

## SEC filing metadata
- accession: 0001104659-24-075004
- form_type: 8-K
- ticker: ESNT
- cik: 0001448893
- company_name: Essent Group Ltd.
- filed_at: 2024-06-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1448893/000110465924075004/0001104659-24-075004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1448893/000110465924075004/tm2418166d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-075004
- JSON: https://secwatch.observer/filing/0001104659-24-075004.json
- Plain text: https://secwatch.observer/filing/0001104659-24-075004.txt

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