UNIVERSAL INSURANCE HOLDINGS, INC. (UVE): debt financing — Universal Insurance Holdings issues $100M 7.75% senior notes due 2031; redeems 2026 notes

UNIVERSAL INSURANCE HOLDINGS, INC.

Issued $100M of 7.75% Senior Unsecured Notes due 2031; interest payable semi-annually beginning Dec 30, 2026.
Proceeds to fund general corporate purposes and redemption of all outstanding 5.625% Senior Notes due 2026.
Redeemed all 2026 Notes on June 17, 2026 at 100% of principal plus accrued interest.
Covenants include maintaining cash for 12 months interest and debt-to-capitalization ratio ≤40%.
Notes are unsecured senior obligations not guaranteed by subsidiaries; rating maintenance covenant applies.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

UNIVERSAL INSURANCE HOLDINGS, INC. incurred senior notes of $100 million with certain institutional accredited investors and qualified institutional buyers at 7.75% maturing June 30, 2031.

Instrument: senior notes
Principal: $100 million
Counterparty: certain institutional accredited investors and qualified institutional buyers
Rate: 7.75%
Maturity: June 30, 2031
Event: incurrence

Exact text from the filing

the Company issued and sold $100 million of 7.75% Senior Unsecured Notes due 2031

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

UNIVERSAL INSURANCE HOLDINGS, INC. entered into Note Purchase Agreements with certain institutional accredited investors and qualified institutional buyers valued at $100 million (effective 2026-06-16).

Action: entry
Agreement: notes offering
Counterparty: certain institutional accredited investors and qualified institutional buyers
Value: $100 million
Effective: 2026-06-16

Exact text from the filing

On June 16, 2026, Universal Insurance Holdings, Inc. (the “Company”) entered into Note Purchase Agreements (the “Purchase Agreements”) with certain institutional accredited investors and qualified institutional buyers (collectively, the “Purchasers”) pursuant to which the Company issued and sold $100 million of 7.75% Senior Unsecured Notes due 2031 (the “2031 Notes”).

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225 debt financings filed in the last 30 days. Browse all debt financings →

UNIVERSAL INSURANCE HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-275945

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