---
schema_version: "secwatch.filing_event.v1"
accession: "0001685040-22-000013"
form_type: "8-K"
ticker: "BHF"
cik: "0001685040"
company_name: "Brighthouse Financial, Inc."
filed_at: "2022-04-19T23:59:59+00:00"
generated_at: "2026-06-26T06:33:30.115282+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Brighthouse Financial enters new $1.0B revolving credit facility due April 2027

## Summary
- New $1.0B senior unsecured revolver replaces 2019 credit agreement, matures April 15, 2027.
- Facility can be increased up to $1.5B with lender consent; maintains same borrowing capacity.
- Interest at Base Rate plus 0.125%-0.875% or Term SOFR plus 1.125%-1.875%, based on credit ratings.
- Financial covenants: minimum adjusted net worth of $7.5B + 50% equity issuances; debt-to-capital ≤0.35x.
- Former $1.0B facility (May 2019) was terminated without penalty upon closing of new agreement.

## SEC filing metadata
- accession: 0001685040-22-000013
- form_type: 8-K
- ticker: BHF
- cik: 0001685040
- company_name: Brighthouse Financial, Inc.
- filed_at: 2022-04-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1685040/000168504022000013/0001685040-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1685040/000168504022000013/bhf-20220419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001685040-22-000013
- JSON: https://secwatch.observer/filing/0001685040-22-000013.json
- Plain text: https://secwatch.observer/filing/0001685040-22-000013.txt

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