secwatch.observer — SEC 8-K summary
======================================

Issuer:     Essent Group Ltd. (ESNT)
CIK:        0001448893
Form:       8-K
Filed at:   2021-12-14T23:59:59+00:00
Accession:  0001448893-21-000112
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essent Group amends credit agreement to $825M; revolver increased to $400M
--------------------------------------------------------------------------

- Committed capacity increased to $825M from $625M; $100M new term loan added.
- Revolving credit facility raised from $300M to $400M; maturity December 10, 2026.
- Interest rate at closing ~1.79% based on 1M Term SOFR plus applicable margin.
- Up to $175M uncommitted incremental term loan/revolving facility available.
- Obligations secured by certain assets excluding insurance subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448893/000144889321000112/0001448893-21-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448893/000144889321000112/esnt-20211214.htm
  HTML page:      https://secwatch.observer/filing/0001448893-21-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer