Stewart Information Services enters $300 million revolving credit facility maturing 2030
Stewart Information Services entered a $300 million senior unsecured revolving credit agreement with PNC Bank, National Association, as administrative agent, dated October 7, 2025, which replaces its existing credit agreement. The company says the facility provides $100 million more revolving credit than its October 2021 facility, and the proceeds may be used for general corporate purposes, including financing certain strategic acquisitions. For shareholders, the filing adds borrowing capacity but does not state any amount drawn under the facility.
Key points
- $300 million revolving facility matures October 7, 2030, with an incremental option of up to $125 million.
- Borrowings bear interest at Term SOFR or base rate plus margins tied to the debt to capitalization ratio: 1.25% to 1.625% (Term SOFR) or 0.25% to 0.625% (base rate).
- Financial covenant requires debt to total capitalization of no more than 0.35 to 1.00, and lenders may accelerate loans after an event of default.
- Stewart Trusted CEO Fred Eppinger said the facility offers additional backing to build on momentum and grow the company.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.