---
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"
generated_at: "2026-05-17T05:07:10.310825+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Enact Holdings enters $435M revolving credit facility, replacing $200M prior facility

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823529-25-000219
- JSON: https://secwatch.observer/filing/0001823529-25-000219.json
- Plain text: https://secwatch.observer/filing/0001823529-25-000219.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $435 million
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Rate: Term SOFR plus 0.10% plus an applicable margin
  - Maturity: September 30, 2030
  - Event: incurrence
  source text: The Credit Agreement provides for a revolving credit facility in the initial aggregate principal amount of $435 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823529/000182352925000219/0001823529-25-000219-index.htm

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