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BRIEF-Essent Group Ltd announces amended and extended $375 mln credit facility

May 18 Essent Group Ltd

* Essent Group Ltd announces amended and extended $375 million credit facility

* An extension of credit facility maturity from April 2019 to May 2021

* Issuance of $125 million four-year, non-amortizing term loan maturing in May 2021

* Has amended its credit facility to increase total facility from $200 million to $375 million

* Proceeds of term loan used at closing to pay down borrowings previously drawn under revolving credit facility

* Amended its credit facility to increase its revolving credit facility from $200 million to $250 million

* Co has option to increase credit facility to $450 million during its term Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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