debt
confidence high
sentiment neutral
materiality 0.25
AXIS Capital extends $300M LC facility with Citibank to March 2027
AXIS CAPITAL HOLDINGS LTD
- Existing $300M secured LC facility amended to extend tenor of issuable LCs to March 31, 2027.
- Availability period for new LCs extended to March 31, 2026 (was March 31, 2025).
- All other terms of the facility remain unchanged; no new borrowing or increase in size.
- Amendment dated March 23, 2025; filed as Exhibit 10.1.