---
schema_version: "secwatch.filing_event.v1"
accession: "0001704720-26-000052"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:56:30.697853+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Cannae terminates $50M margin loan backed by Alight shares, saving $0.4M annual fees

## Summary
- Prepaid all outstanding obligations under $50M margin loan; no principal or interest outstanding, only $58,680.56 in accrued commitment fees.
- Loan secured by 40,477,062 shares of Alight, Inc. common stock; collateral to be released and re-registered.
- Termination eliminates approximately $0.4 million of annual commitment fees.
- Does not materially impact liquidity; limited borrowing capacity cited as reason.

## SEC filing metadata
- accession: 0001704720-26-000052
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000170472026000052/0001704720-26-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000170472026000052/cnne-20260306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704720-26-000052
- JSON: https://secwatch.observer/filing/0001704720-26-000052.json
- Plain text: https://secwatch.observer/filing/0001704720-26-000052.txt

## Key facts
- Material Agreements
  Cannae Holdings, Inc. terminated Margin Loan Agreement with Bank of America, N.A. (effective 2026-03-06).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Effective: 2026-03-06
  source text: prepaid in full all outstanding obligations under the Margin Loan Agreement, dated as of November 30, 2020 (as amended, the "Margin Loan Agreement"), among Cannae Funding A, as borrower, Bank of America, N.A., as administrative agent and calculation agent, and the lenders party thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704720/000170472026000052/0001704720-26-000052-index.htm

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