Brief: Selective Insurance Group Says Co Entered Into A Credit Agreement

Selective Insurance

23/12/2019 21:16

Dec 23 (Reuters) - Selective Insurance Group Inc  SIGI.O :
    * SELECTIVE INSURANCE GROUP INC - ON DEC 20, CO ENTERED INTO
A
CREDIT AGREEMENT
    * SELECTIVE INSURANCE GROUP INC - UNDER AGREEMENT, LENDERS
HAVE
AGREED TO PROVIDE SELECTIVE WITH A $50 MILLION REVOLVING CREDIT
FACILITY
    * SELECTIVE INSURANCE GROUP INC - UNDER TERMS, CREDIT
FACILITY CAN
BE INCREASED TO $125 MILLION WITH CONSENT OF LENDERS
    * SELECTIVE INSURANCE GROUP INC - CREDIT AGREEMENT WILL
MATURE ON
DEC 20, 2022
    * SELECTIVE INSURANCE GROUP - EXERCISED TERMINATION RIGHTS
UNDER
PRIOR CREDIT AGREEMENT BY SENDING A TERMINATION LETTER TO WELLS
FARGO ON DEC 20

Source text: (https://bit.ly/2Qf8lzT)
Further company coverage:  SIGI.O 

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