---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-026753"
form_type: "8-K"
ticker: "KNSL"
cik: "0001669162"
company_name: "Kinsale Capital Group, Inc."
filed_at: "2022-07-22T23:59:59+00:00"
generated_at: "2026-06-24T09:34:57.989997+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kinsale Capital completes $125M note issuance to PGIM, enters $100M credit facility

## Summary
- Issued $125M 5.15% Series A Senior Notes due July 22, 2034 to PGIM and affiliates.
- Private shelf facility allows up to $150M of Notes outstanding; proceeds used for surplus at insurance subsidiary and general corporate purposes.
- New $100M senior unsecured revolving credit facility with JPMorgan as administrative agent and Truist as syndication agent.
- Financial covenants include minimum net worth, debt-to-capital ratio ≤35%, and A.M. Best rating ≥A- for regulated insurance subsidiaries.
- Note purchase agreement includes customary events of default and affirmative/negative covenants.

## SEC filing metadata
- accession: 0001140361-22-026753
- form_type: 8-K
- ticker: KNSL
- cik: 0001669162
- company_name: Kinsale Capital Group, Inc.
- filed_at: 2022-07-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1669162/000114036122026753/0001140361-22-026753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1669162/000114036122026753/brhc10039842_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-026753
- JSON: https://secwatch.observer/filing/0001140361-22-026753.json
- Plain text: https://secwatch.observer/filing/0001140361-22-026753.txt

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