secwatch.observer — SEC 8-K summary
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Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0001558370-21-016646
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar enters $100M revolving credit facility with U.S. Bank, maturing Dec 2026
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- $100M unsecured revolving credit facility, maturing December 8, 2026.
- Interest at SOFR + 1.75% or base rate + 0.75%; no prepayment premium.
- Guaranteed by four domestic insurance subsidiaries.
- Facility includes customary covenants, events of default, and negative pledge on assets.
- Commitment fee and unused fee apply; proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000155837021016646/0001558370-21-016646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000155837021016646/plmr-20211208x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-016646

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