secwatch.observer — SEC 8-K summary
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Issuer:     Essent Group Ltd. (ESNT)
CIK:        0001448893
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001104659-24-076922
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essent Group completes $500M 6.250% senior notes offering and new $500M revolver
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- Closed $500M 6.250% Senior Notes due 2029; net proceeds ~$495.3M.
- Net proceeds used to repay term loan borrowings under existing secured credit facility.
- New $500M unsecured revolving credit facility replaces existing secured facility; 5-year maturity.
- Revolver includes option for up to $250M in uncommitted incremental revolving credit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448893/000110465924076922/0001104659-24-076922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448893/000110465924076922/tm2418516d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-076922

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