secwatch.observer — SEC 8-K summary
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Issuer:     OCTAVE SPECIALTY GROUP INC (OSG)
CIK:        0000874501
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001628280-26-024072
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Octave Specialty Group adds $40M term loan to fund minority shareholder put rights
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- Additional term loan of $40M under First Amendment to Credit Agreement.
- Total outstanding term loans now $139.375M as of April 1, 2026.
- Proceeds used to fund Cirrata UK's obligation to honor put rights exercised by minority shareholders of Octave Specialty Limited.
- Company pledged ownership interests in Everspan Holdings, LLC as collateral.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874501/000162828026024072/0001628280-26-024072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874501/000162828026024072/ambc-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-024072

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