{"schema_version":"secwatch.filing_event.v1","accession":"0001385613-25-000103","form_type":"8-K","ticker":"GLRE","cik":"0001385613","company_name":"GREENLIGHT CAPITAL RE, LTD.","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.862225+00:00","generated_at":"2026-05-17T07:16:23.037587+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Greenlight Capital Re enters $50M revolving credit facility and £50M LC facility","bullets":["Refinanced $50M CIBC revolver due Sept 3, 2030 at Term SOFR+3.25%; repaid existing $59M term loan.","Facility secured by first-priority lien on $10M minimum cash collateral account held at CIBC.","Covenants: max net debt to capital & surplus ratio 15%; min capital ratios of 137% and 105% for insurance subs.","Entered uncommitted £50M letter of credit facility with Citibank to support Funds at Lloyd's business, guaranteed by parent."],"urls":{"canonical":"https://secwatch.observer/filing/0001385613-25-000103","json":"https://secwatch.observer/filing/0001385613-25-000103.json","markdown":"https://secwatch.observer/filing/0001385613-25-000103.md","text":"https://secwatch.observer/filing/0001385613-25-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1385613/000138561325000103/0001385613-25-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1385613/000138561325000103/glre-20250903.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:16:23.037587+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d5643575a2020a44dabcaa019491f839ac0c33b1","claim":"GREENLIGHT CAPITAL RE, LTD. amended revolving credit of $50 million revolving credit facility with CIBC Bank USA at Term SOFR plus 3.25% per annum maturing September 3, 2030.","evidence_excerpt":"date of the Amendment, the \" Existing Credit Agreement \", and as further amended by the Amendment, the “ Amended Credit Agreement ”). The Amended Credit Agreement provides for a $50 million revolving credit facility (the “ Revolving Credit Facility ”), proceeds which were used to refinance in full the Company’s term loan facility under the Existing Credit Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1385613/000138561325000103/0001385613-25-000103-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$50 million revolving credit facility"},{"label":"Counterparty","value":"CIBC Bank USA"},{"label":"Rate","value":"Term SOFR plus 3.25% per annum"},{"label":"Maturity","value":"September 3, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}