Stewart Information Services Corporation (NYSE: STC) has recently announced the entry into a new credit facility, as of October 7, 2025. The new Credit Agreement consists of a $300 million revolving credit facility with a five-year maturity, extending to October 2030. This represents an increase of $100 million in revolving credit from the previous facility established for Stewart in October 2021, which has now been terminated in connection with the new Credit Agreement.
Moreover, the new Credit Agreement includes an incremental facility option that allows Stewart to potentially increase the revolving commitments by an aggregate amount not exceeding $125 million.
Fred Eppinger, Stewart's Chief Executive Officer, expressed the company's strategic vision, stating, "We are on a journey to become the premier title services company and have charted out long-term strategic priorities to help us reach this destination. This credit facility offers us additional backing to build on our momentum and grow the company."
Stewart Information Services Corporation (NYSE: STC) is a global real estate services company, providing products and services through its direct operations, network of Stewart Trusted Providers™, and family of companies. The comprehensive services offered range from residential and commercial title insurance, closing and settlement services to specialized offerings for the mortgage and real estate industries. The company is committed to partnering with customers to achieve mutual success.
Following these announcements, the company's shares moved -2.42%, and are now trading at a price of $68.05. Check out the company's full 8-K submission here.
