Travelers upsizes revolving credit facility to $1.2B, adds $600M expansion option

Filed May 21, 2026 · Period ending May 15, 2026 · ~1 min read

Key Changes

• medium

  Travelers replaced its $1.0B credit facility with a new $1.2B five-year revolving line maturing May 2031, increasing available liquidity by $200M through a syndicate led by Citibank, BofA, and JPMorgan.

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• low

  The facility includes an accordion feature allowing expansion up to $1.8B total (an additional $600M) subject to lender consent, providing flexibility for future liquidity needs.

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• low

  Borrowing costs are tied to SOFR-based rates plus margins that vary with Travelers' credit ratings, with commitment fees payable regardless of usage—standard terms for investment-grade corporate facilities.

  Item 1.01 view on EDGAR →