debt
confidence high
sentiment neutral
materiality 0.45
Hamilton extends $230M unsecured LC facility to Oct 2025; one LC to Dec 2028
Hamilton Insurance Group, Ltd.
- Amendment to existing $230M unsecured letter of credit facility, now maturing October 28, 2025.
- Previously issued $230M letter of credit to HCML amended to expire December 31, 2028.
- Facility fee of 162.5 bps per annum on issued letters of credit; lenders include Barclays, ING, BMO.
- Guaranteed by Hamilton Insurance Group; used to support Lloyd's Syndicate 4000 funds at Lloyd's.