ACT - Public offerings

RALEIGH, N.C., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced that it has entered into a new $435 million five-year senior unsecured revolving credit facility (the "Credit Facility") effective September 30, 2025. This Credit Facility replaces the previous $200 million senior unsecured revolving credit facility. "The new facility significantly enhances our borrowing capacity and extends our maturity profile, providing greater financial flexibility and liquidity to support our operations," said Dean Mitchell, Executive Vice President and Chief Financial Officer of Enact. "We are pleased with the terms of the facility, which reflect our strong cre

RALEIGH, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), today announced that it has priced a registered public offering of $750 million of its 6.25% Senior Notes due 2029 (the "2029 Notes"). The expected settlement date for the offering is May 28, 2024, subject to the satisfaction of customary closing conditions. The 2029 Notes will pay interest semi-annually on May 28 and November 28, beginning November 28, 2024, at a rate of 6.250% per year, maturing May 28, 2029. Enact intends to use the net proceeds of the offering, together with other legally available funds, to redeem its 6.500% Senior Notes due August 2025 (the "2025 Notes") in accordance with th

AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) to the following operating subsidiaries of Enact Holdings, Inc. (EHI) (Delaware) (NASDAQ:ACT): Enact Mortgage Insurance Corporation (EMIC) and Enact Mortgage Insurance Corporation of North Carolina (EMIC-NC) (collectively referred to as the Enact US-domiciled companies). Both operating companies are domiciled in Raleigh, N.C. In addition, AM Best has assigned an FSR of A- (Excellent) and a Long-Term ICR of "a-" (Excellent) to Enact Re Ltd. (ERL) (Bermuda). Lastly, AM Best has assigned a Long-Term ICR of "bbb-" (Good) to EHI. The outlook assigned to

GAAP Net Income of $137 million, or $0.84 per diluted shareAdjusted Net Operating Income of $137 million, or $0.84 per diluted share13.2% return on equity and 13.2% adjusted return on equity$25.80 book value per sharePMIERs Sufficiency of 181% or $2,287 million, highest level ever RALEIGH, N.C., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) today announced financial results for the third quarter of 2021, ending September 30, 2021. "We are very proud to begin our journey as a public company with one of our strongest quarters of financial and operational performance since the beginning of the pandemic," said Rohit Gupta, President and CEO of Enact. "Our re

RICHMOND, Va., Nov. 2, 2021 /PRNewswire/ --  Successfully completed initial public offering (IPO) of Enact Holdings, Inc. (Enact) Enact adjusted operating income of $134 million, with 10 percent annual growth in primary insurance in force and a 14 percent loss ratio Enact's PMIERs1 sufficiency ratio estimated at 181 percent, $2,287 million above published requirements U.S. life insurance segment adjusted operating income of $93 million driven by long term care insurance (LTC) results benefitting from in force rate actions and net investment income Holding company cash and liquid assets of $638 million and $809 million of holding company debt retiredGenworth Financial, Inc. (NYSE:GNW) today r

RALEIGH, N.C., Sept. 29, 2021 /PRNewswire/ -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced the composition of the Board of Directors, recently formed with Enact's initial public offering, which closed on September 20, 2021. Enact trades on the Nasdaq Global Select Market under the ticker symbol "ACT." Enact's 11-member Board includes 8 independent directors and is composed of the following: Dominic Addesso, Non-Executive Chairman of ClearView Risk Holdings LLC; non-Executive Chairman of BMS RE and director of BMS Group Ltd. John D. Fisk, Director of AGNC Investment Corp. and retired Chief Executive Officer of the FHLBanks Office of Finance, a division of the Federal Home Loan B

RICHMOND, Va., Sept. 20, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE:GNW)  today announced that it has successfully completed the initial public offering (IPO) of its subsidiary, Enact Holdings, Inc. (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries. 15,306,960 shares of Enact common stock were sold in the IPO, including the full exercise by the underwriters of their overallotment option to purchase 1,996,560 shares, at a price to the public of $19.00 per share. Enact is now trading on the Nasdaq Global Select Market under the ticker symbol "ACT." All of the shares were offered and sold by the selling stockholder, Genworth Holdings, Inc. (GH

RALEIGH, N.C., Sept. 20, 2021 /PRNewswire/ -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced the closing of its initial public offering (IPO). 15,306,960 shares of common stock were sold in the IPO, including the full exercise by the underwriters of their overallotment option to purchase 1,996,560 shares, at a price to the public of $19.00 per share. All of the shares were offered and sold by the selling stockholder, Genworth Holdings, Inc. (GHI), a wholly owned subsidiary of Genworth Financial, Inc. In addition, certain investment funds managed by Bayview Asset Management, LLC (Bayview) purchased 14,655,600 shares of Enact's common stock from GHI in a concurrent private sale at

RALEIGH, N.C., Sept. 15, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Enact) today announced the pricing of its initial public offering of 13,310,400 shares of common stock at a price to the public of $19.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on September 16, 2021 under the ticker symbol "ACT." The offering is expected to close on September 20, 2021, subject to customary closing conditions. All of the shares are being offered by the selling stockholder, Genworth Holdings, Inc. (GHI), a wholly owned subsidiary of Genworth Financial, Inc., and Enact will not receive any proceeds from the sale of shares by GHI. In addition, GHI has granted the

RALEIGH, N.C., Sept. 13, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that it has commenced an initial public offering of 13,310,400 shares of common stock. All of the shares are being offered by the selling stockholder, Genworth Holdings, Inc. (GHI), a wholly owned subsidiary of Genworth Financial, Inc., and net proceeds from the offering will go to GHI. The initial public offering price is expected to be between $19.00 and $20.00 per share. GHI expects to grant the underwriters a 30-day option to purchase up to an additional 1,996,560 shares of Enact's common stock at the initial publ