SiriusPoint extends credit facility maturity to Feb 2025, adds two new lenders

SiriusPoint Ltd

Maturity of credit agreement extended to February 26, 2025; amendment effective February 6, 2024.
Outstanding loans reallocated among lenders; Bank of America and Goldman Sachs Bank USA joined as new lenders.
Non-consenting lenders ceased to be lenders under the amended agreement per Section 4.12(b)(vi).
JPMorgan Chase Bank remains administrative agent; conditions included no default and receipt of KYC documentation.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SiriusPoint Ltd amended Second Amendment with JPMorgan Chase Bank, N.A. (effective 2024-02-06).

Action: amendment
Agreement: credit facility
Counterparty: JPMorgan Chase Bank, N.A.
Effective: 2024-02-06

Exact text from the filing

On February 6, 2024, SiriusPoint Ltd. (the “Company”) entered into Amendment No. 2 (the “Second Amendment”) to the Credit Agreement dated as of November 2, 2020, as amended (the “Credit Agreement”), by and among SiriusPoint Ltd., JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto.

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Source: SEC EDGAR

accession 0001193125-24-030042

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