---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-022871"
form_type: "8-K"
ticker: "RLI"
cik: "0000084246"
company_name: "RLI CORP"
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T22:26:57.827141+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RLI Corp. issues $300M of 5.375% Senior Notes due 2036; upsizes credit facility to $150M

## Summary
- Completed public offering of $300M aggregate principal of 5.375% Senior Notes due March 1, 2036.
- Interest payable semi-annually on June 1 and Dec 1, starting June 1, 2026; notes callable at make-whole prior to 2036.
- Entered amended credit agreement with PNC Bank: $150M commitment (up from prior), maturity Feb 26, 2031, with $50M accordion.
- Credit agreement contains no financial ratio maintenance or restriction on dividends or additional debt.
- Proceeds from notes and credit facility for general corporate purposes; both agreements have standard events of default.

## SEC filing metadata
- accession: 0001104659-26-022871
- form_type: 8-K
- ticker: RLI
- cik: 0000084246
- company_name: RLI CORP
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/84246/000110465926022871/0001104659-26-022871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/84246/000110465926022871/rli-20260226x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-022871
- JSON: https://secwatch.observer/filing/0001104659-26-022871.json
- Plain text: https://secwatch.observer/filing/0001104659-26-022871.txt

## Source-grounded claims
- claim_id: 451037b5cacf6a45a4768c8483ba0671e2e0f65b
  claim: RLI CORP amended credit facility of $150 million with PNC Bank, National Association maturing February 26, 2031.
  evidence_excerpt: the Company’s existing credit agreement, dated as of March 30, 2023, to, among other things, extend the maturity date to February 26, 2031, increase the aggregate commitment to $150 million, increase the size of the accordion feature to $50 million and amend the interest rates and certain fees. The foregoing description of the A&R Credit Agreement is qualified in
  evidence_url: https://www.sec.gov/Archives/edgar/data/84246/000110465926022871/0001104659-26-022871-index.htm
- claim_id: d988c51c5149f6105c2cad98b494afc4d3eeb29d
  claim: RLI CORP incurred senior notes of $300 million with Computershare Trust Company, National Association at 5.375% maturing due 2036.
  evidence_excerpt: On March 3, 2026, RLI Corp. (the “Company”) completed the public offering of $300 million in aggregate principal amount of its 5.375% Senior Notes due 2036 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/84246/000110465926022871/0001104659-26-022871-index.htm
- claim_id: 51db2d3eb2ccaaa78c72643de3b585a2c19577bb
  claim: RLI CORP entered into 5.375% Senior Notes due 2036 Indenture with Computershare Trust Company, National Association valued at $300 million aggregate principal amount (effective 2026-03-03).
  evidence_excerpt: On March 3, 2026, RLI Corp. (the “Company”) completed the public offering of $300 million in aggregate principal amount of its 5.375% Senior Notes due 2036 (the “Notes”). The Notes were issued pursuant to an indenture entered into on March 3, 2026 (the “Base Indenture”), as supplemented by a first supplemental indenture entered into on March 3, 2026 (the “First Supplemental Indenture”), in each case, between the Company and Computershare Trust Company, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/84246/000110465926022871/0001104659-26-022871-index.htm
- claim_id: 63241d3383dc456f1ca8f7b8c12dfea6833f2749
  claim: RLI CORP entered into Amended and Restated Credit Agreement with PNC Bank, National Association valued at $150 million aggregate commitment, increased from prior (effective 2026-02-26).
  evidence_excerpt: On February 26, 2026, the Company entered into an amended and restated credit agreement (the “A&R Credit Agreement”) between the Company and PNC Bank, National Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/84246/000110465926022871/0001104659-26-022871-index.htm

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