Brief: Arch Capital Group On Sept 27, Arch Reinsurance Ltd., Unit Of Co, Entered Into A Letter Of Credit Facility Agreement
02/10/2023 21:13
Oct 2 (Reuters) - Arch Capital Group Ltd ACGL.O :
* ARCH CAPITAL GROUP LTD - ON SEPT 27, ARCH REINSURANCE
LTD., UNIT
OF CO, ENTERED INTO A LETTER OF CREDIT FACILITY AGREEMENT
* ARCH CAPITAL GROUP LTD - LETTER OF CREDIT FACILITY
AGREEMENT
PROVIDES FOR A $175 MILLION FACILITY FOR LETTERS OF CREDIT
* ARCH CAPITAL GROUP LTD - COMMITMENTS UNDER LETTER OF
CREDIT
FACILITY AGREEMENT WILL EXPIRE ON SEPTEMBER 27, 2025
Further company coverage: ACGL.O
((Reuters.briefs@thomsonreuters.com;))
Recent news on Arch Capital
See all newsBrief: Arch Capital Group Appoints Halgan CEO Of Global Reinsurance And Schmeiser CEO Of Global Mortgage
Brief: Arch Capital Announces Early Results Of Cash Tender Offers Up To $417.9 Million
Brief: Arch Capital Group Announces Cash Tender Offers To Purchase Up To A Capped Amount Of Certain Of Its Subsidiaries’ Debt Securities
Arch Capital's first-quarter profit rises on strong underwriting income
Bermuda's Arch Capital Q1 net income nearly doubles on improved underwriting