Enact Holdings enters $200M unsecured revolving credit facility; undrawn at close

Enact Holdings, Inc.

$200M revolving commitment, with option to increase by up to $100M on an uncommitted basis.
Unsecured facility matures in 5 years (June 2027) unless 2025 notes not refinanced, then May 2025.
Interest margins: 2.00% for SOFR loans, 1.00% for base rate; commitment fee 0.375% based on current debt ratings.
Financial covenants include min net worth (72.5% of closing net worth +50% of net income), max debt-to-cap 0.35:1, min liquidity $25M.
Facility undrawn at signing; proceeds for general corporate purposes.

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