---
schema_version: "secwatch.filing_event.v1"
accession: "0001385613-24-000125"
form_type: "8-K"
ticker: "GLRE"
cik: "0001385613"
company_name: "GREENLIGHT CAPITAL RE, LTD."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:12:32.681165+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Greenlight Capital Re secures $100M HSBC and $275M Citibank uncommitted LOCs

## Summary
- Greenlight Reinsurance entered a $100M uncommitted LOC with HSBC, secured by cash collateral at HSBC Continental Europe.
- Amended existing Citibank facility to a $275M uncommitted LOC, replacing the prior committed facility that expired Aug 2024.
- Both facilities are uncommitted; HSBC and Citibank may terminate on notice; outstanding letters of credit survive termination.
- Proceeds support continued growth of Greenlight's reinsurance business.
- Obligations under both facilities are secured by first-priority liens on cash collateral accounts.

## SEC filing metadata
- accession: 0001385613-24-000125
- form_type: 8-K
- ticker: GLRE
- cik: 0001385613
- company_name: GREENLIGHT CAPITAL RE, LTD.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385613/000138561324000125/0001385613-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385613/000138561324000125/glre-20241217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001385613-24-000125
- JSON: https://secwatch.observer/filing/0001385613-24-000125.json
- Plain text: https://secwatch.observer/filing/0001385613-24-000125.txt

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