NMI Holdings amends revolver, ups capacity to $250M, extends maturity to Nov 2025

NMI Holdings, Inc.

Revolver capacity increased to $250M; maturity extended to November 2025 from Feb 2023.
No amounts borrowed under the facility; company cites enhanced financial flexibility.
Lender group expanded; JPMorgan, Citibank, RBC, Truist, BMO, Goldman Sachs, US Bank.
Facility secured by first-priority liens on substantially all assets of NMI and guarantor.
Covenants include debt-to-cap ratio ≤ 35%, NMIC statutory capital ≥ $1.29B threshold.

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