March 30, 2018 / 1:41 PM / 9 months ago

BRIEF-Hartford Financial says Co Entered Into Amendment To $1 Bln 5-Yr Credit Agreement

March 30 (Reuters) - Hartford Financial Services Group Inc :

* HARTFORD FINANCIAL SERVICES GROUP - ‍ON MARCH 29, CO ENTERED INTO AMENDMENT TO $1 BILLION FIVE-YEAR CREDIT AGREEMENT DATED OCTOBER 31, 2014 - SEC FILING​

* HARTFORD FINANCIAL SERVICES GROUP INC - ‍AMENDMENT PROVIDES FOR REDUCTION OF COMPANY'S MINIMUM CONSOLIDATED NET WORTH FINANCIAL COVENANT TO $9 BILLION​

* HARTFORD FINANCIAL SERVICES GROUP-AMENDED CREDIT AGREEMENT WILL PROVIDE FOR REVOLVING LOANS AS WELL AS FOR ISSUANCE OF LETTERS OF CREDIT UP TO $750 MILLION​

* HARTFORD FINANCIAL SERVICES GROUP-AMENDED CREDIT AGREEMENT WILL ALSO PERMIT CO TO REQUEST INCREASE OF CREDIT FACILITY BY UP TO ADDITIONAL $500 MILLION Source text for Eikon: (bit.ly/2IiEscB) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below