AXIS Capital extends $750 million LoC credit facility to Dec. 31, 2016

By Toni Weeks

San Luis Obispo, Calif., Nov. 21 - AXIS Capital Holdings Ltd. amended its $750 million secured letter-of-credit facility on Nov. 20 with Citibank Europe plc, extending its maturity to Dec. 31, 2016, according to an 8-K filed Thursday with the Securities and Exchange Commission.

All other material terms and conditions remain unchanged, the filing noted.

AXIS Capital is a Pembroke, Bermuda-based provider of specialty lines insurance and treaty reinsurance.

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