RenaissanceRe Holdings Ltd. and several of its subsidiaries have amended an existing secured letter of credit facility with Citibank Europe Plc. The amendment, effective December 22, 2025, extends the facility's availability end date to December 31, 2026, and its expiry date to December 31, 2027. The facility allows for the issuance of letters of credit in an aggregate amount of up to $320 million, with the option to increase to $350 million, subject to certain conditions. All other terms and conditions of the facility remain unchanged.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RenaissanceRe Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000913144-25-000099), on December 22, 2025, and is solely responsible for the information contained therein.
Comments