{"schema_version":"secwatch.filing_event.v1","accession":"0001823529-25-000219","form_type":"8-K","ticker":"ACT","cik":"0001823529","company_name":"Enact Holdings, Inc.","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.630053+00:00","generated_at":"2026-05-17T05:07:10.310825+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Enact Holdings enters $435M revolving credit facility, replacing $200M prior facility","bullets":["New $435M revolver matures Sept 30, 2030; undrawn at closing on Sept 30, 2025.","Replaces prior $200M facility dated June 30, 2022, which was terminated same day.","Financial covenants: min consolidated net worth $3.729B + 50% of positive net income; max debt-to-capital 0.35:1.00.","Includes a $217.5M accordion feature; interest margin based on Senior Unsecured Rating (currently 0.175% commitment fee).","Margin for Term SOFR loans ranges from 1.00% (Level I) to 2.00% (Level VI); ABR margin from 0.00% to 1.00%."],"urls":{"canonical":"https://secwatch.observer/filing/0001823529-25-000219","json":"https://secwatch.observer/filing/0001823529-25-000219.json","markdown":"https://secwatch.observer/filing/0001823529-25-000219.md","text":"https://secwatch.observer/filing/0001823529-25-000219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823529/000182352925000219/0001823529-25-000219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823529/000182352925000219/act-20250930.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:07:10.310825+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"95f49b0d5cfcba15b2725ca8a9bb7344c5692c2a","claim":"Enact Holdings, Inc. incurred revolving credit of $435 million with JPMorgan Chase Bank, N.A., as Administrative Agent at Term SOFR plus 0.10% plus an applicable margin maturing September 30, 2030.","evidence_excerpt":"The Credit Agreement provides for a revolving credit facility in the initial aggregate principal amount of $435 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823529/000182352925000219/0001823529-25-000219-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$435 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as Administrative Agent"},{"label":"Rate","value":"Term SOFR plus 0.10% plus an applicable margin"},{"label":"Maturity","value":"September 30, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}