CINCINNATI FINANCIAL CORP : Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,…

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under anOff-Balance Sheet Arrangement of a Registrant.

On March 23, 2023, Cincinnati Financial Corporation and CFC Investment Company,a subsidiary of Cincinnati Financial Corporation (Borrowers) entered into theFifth Amendment to the Amended and Restated Credit Agreement by and among thelenders party thereto and PNC Bank, N.A., as Administrative Agent. (FifthAmendment). The Fifth Amendment and Exhibit A to the Fifth Amendment replaceLIBOR references with comprehensive SOFR provisions throughout; add new BaseRate and Benchmark language; add conforming changes provisions; provideBenchmark Replacement language; update the definitions for the Corporate Member,Managed Syndicate, and Managing Agent; include a new category of Permitted Liensin the definition in Section 1.1, and amend Schedule 1.1(A), Exhibit 2.10 andExhibit 2.4.1.

The foregoing description of the Fifth Amendment does not purport to be completeand is qualified in its entirety by the full terms of the First, Second, Third,Fourth and Fifth Amendments; Exhibit A to the Fifth Amendment; and the Amendedand Restated Credit Agreement dated May 13, 2014.

Item 9.01 Financial Statements and Exhibits.

Exhibit 10.2 - Fourth Amendment to Amended and Restated Credit Agreementdated February 26, 2019 (incorporated herein by reference to the company'sCurrent R eport on Form 8- K dated February 28, 2019, Exhibit

10.6 .

Exhibit 10.3 - Third Amendment to Amended and Restated Credit Agreement datedFebruary 4, 2019 (incorporated herein by reference to the company's CurrentR eport on Form 8-K dated Exhibit 10.1) .

Exhibit 10.4 - Second Amendment to Amended and Restated Credit Agreement datedMarch 31, 2016 (incorporated herein by reference to the company's Current Reporton Form 8-K dated April 4, 2016, Exhibit 10.1).

Exhibit 10.5 - First Amendment to Amended and Restated Credit Agreement datedFebruary 8, 2016 (incorporated herein by reference to the company's CurrentReport on Form 8-K dated February 11, 2016, Exhibit 10.1).

Exhibit 10.6 - Amended and Restated Credit Agreement dated May 13, 2014(incorporated herein by reference to the company's Current Report on Form 8-Kdated May 13, 2014, Exhibit 10.1).

Exhibit 104 - The cover page from this Current Report on Form 8-K, formatted asInline XBRL

Edgar Online, source Glimpses

Read more:
CINCINNATI FINANCIAL CORP : Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,...

Related Posts

Comments are closed.