---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-095101"
form_type: "8-K"
ticker: "WRB"
cik: "0000011544"
company_name: "BERKLEY W R CORP"
filed_at: "2022-04-04T23:59:59+00:00"
generated_at: "2026-06-26T09:42:25.625840+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# W. R. Berkley enters $300M five-year revolving credit facility

## Summary
- $300M unsecured revolving credit facility, with $50M sublimit for letters of credit.
- Matures April 1, 2027; letters of credit may extend to April 1, 2028.
- Facility can be increased to $500M subject to additional lender commitments.
- Interest based on Term SOFR or Base Rate plus margin; quarterly commitment fee on unused portion.
- Financial covenants: maximum leverage ratio and minimum consolidated net worth.

## SEC filing metadata
- accession: 0001193125-22-095101
- form_type: 8-K
- ticker: WRB
- cik: 0000011544
- company_name: BERKLEY W R CORP
- filed_at: 2022-04-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/11544/000119312522095101/0001193125-22-095101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/11544/000119312522095101/d335739d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-095101
- JSON: https://secwatch.observer/filing/0001193125-22-095101.json
- Plain text: https://secwatch.observer/filing/0001193125-22-095101.txt

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