---
schema_version: "secwatch.filing_event.v1"
accession: "0001593275-25-000251"
form_type: "8-K"
ticker: "HG"
cik: "0001593275"
company_name: "Hamilton Insurance Group, Ltd."
filed_at: "2025-10-24T23:59:59+00:00"
generated_at: "2026-05-17T02:20:06.872390+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hamilton Re amends $260M letter of credit facility, renews up to $75M UBS line

## Summary
- Amendment and Restatement Agreement substitutes $260M letter of credit expiring Dec 31, 2029; fee 150 bps.
- Fifteenth Amendment with UBS renews facility up to $75M (greater of $25M or outstanding), expiring Oct 23, 2026.
- ING Bank N.V. becomes successor agent; Commerzbank and Deutsche Bank join as new lenders; Barclays and BMO retire.
- Guarantor Hamilton Insurance Group confirms its guarantee under the amended agreements.

## SEC filing metadata
- accession: 0001593275-25-000251
- form_type: 8-K
- ticker: HG
- cik: 0001593275
- company_name: Hamilton Insurance Group, Ltd.
- filed_at: 2025-10-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593275/000159327525000251/0001593275-25-000251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593275/000159327525000251/hg-20251020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001593275-25-000251
- JSON: https://secwatch.observer/filing/0001593275-25-000251.json
- Plain text: https://secwatch.observer/filing/0001593275-25-000251.txt

## Key facts
- Debt Financings
  Hamilton Insurance Group, Ltd. amended revolving credit of greater of (i) $25 million and (ii) the letter of credit amount issued and outstanding, provided that such amount shall with UBS AG, Stamford Branch maturing October 23, 2026.
  - Instrument: revolving credit
  - Principal: greater of (i) $25 million and (ii) the letter of credit amount issued and outstanding, provided that such amount shall
  - Counterparty: UBS AG, Stamford Branch
  - Maturity: October 23, 2026
  - Event: amendment
  source text: Pursuant to the Fifteenth Amendment, UBS renewed the letter of credit facility in an amount equal to the greater of (i) $25 million and (ii) the letter of credit amount issued and outstanding, provided that such amount shall not exceed $75 million, for a term that will expire on October 23, 2026. All other terms and conditions remain substantially unchanged.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593275/000159327525000251/0001593275-25-000251-index.htm
- Debt Financings
  Hamilton Insurance Group, Ltd. incurred revolving credit of $260 million with ING Bank N.V., London Branch; Commerzbank AG, New York Branch; Deutsche Bank AG, London Branch at 150.0 basis points per annum on issued letters of credit maturing December 31, 2029.
  - Instrument: revolving credit
  - Principal: $260 million
  - Counterparty: ING Bank N.V., London Branch; Commerzbank AG, New York Branch; Deutsche Bank AG, London Branch
  - Rate: 150.0 basis points per annum on issued letters of credit
  - Maturity: December 31, 2029
  - Event: incurrence
  source text: Pursuant to the Amendment, an unsecured letter of credit previously issued to Lloyd’s is being substituted with a new letter of credit issued under the Facility Agreement and such letter of credit will expire on December 31, 2029. The amount of the letter of credit is $260 million and the facility bears a fee of 150.0 basis points per annum on issued letters of credit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593275/000159327525000251/0001593275-25-000251-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.