1.0Market Newsdeskhttps://www.marketnewsdesk.comNewsdeskhttps://www.marketnewsdesk.com/index.php/author/newsdesk/rich600338<blockquote class="wp-embedded-content" data-secret="VEvUUfGjnL"><a href="https://www.marketnewsdesk.com/index.php/stewart-updates-credit-facility/">Stewart Updates Credit Facility</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.marketnewsdesk.com/index.php/stewart-updates-credit-facility/embed/#?secret=VEvUUfGjnL" width="600" height="338" title="“Stewart Updates Credit Facility” — Market Newsdesk" data-secret="VEvUUfGjnL" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.marketnewsdesk.com/wp-includes/js/wp-embed.min.js </script> Stewart Updates Credit Facility HOUSTON–(BUSINESS WIRE)– Stewart Information Services Corporation (NYSE: STC) today provided an update on its current credit facility. On March 23, 2021, Stewart increased and extended the terms of its current line of credit. Under the terms of the amendment, the maximum amount of the line of credit was increased to $350 million from $200 million, while maintaining the $50 million accordion feature. The length of the agreement was extended five years to March 2026 and added three new banks to the syndicate while retaining all existing banks. Stewart also updated financial covenant provisions, including increasing the unsecured indebtedness basket and restricted payment limitations to align with its current financial position and performance. “Over the past year … Continue reading ""https://cts.businesswire.com/ct/CT?id=bwnews&sty=20210325005185r1&sid=flmnd&distro=nx&lang=en