Slide Insurance Holdings, Inc. Enters Into New $1.07 Billion Credit Facility
Globe Newswire•27/10/2026•16:05 ET
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Key Highlights
- ➤$1.07B credit facility replaces Slide’s existing $530.4M agreement
- ➤3.00% initial interest rate improves 25 basis points versus prior facility
- ➤New facility supports debt refinancing, general corporate purposes, and growth initiatives
Expert Statements
Andy Omiridis, Chief Financial Officer of Slide
“Our expanded credit facility provides us with additional flexibility to pursue our long-term diversified growth strategy.”
Andy Omiridis, Chief Financial Officer of Slide
“The size of the expanded facility is a testament to the strength of Slide’s business model and our balance sheet.”
TAMPA, Fla., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (Nasdaq: SLDE) announced today that it has entered into a new credit agreement with a syndicate of financial institutions led by Huntington National Bank. The new credit agreement provides a total credit facility of $1.07 billion, replacing the Company’s existing credit agreement of $530.4 million.
Under the new agreement, borrowings initially accrue interest on amounts drawn at 3.00%, a 25 basis point improvement compared to the prior credit agreement.
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