[8-K] Equitable Holdings, Inc. Reports Material Event
Equitable Holdings (EQH) 8-K 鈥� New Revolving Credit Facility
On 29 Jul 2025 EQH entered into a five-year senior unsecured revolving credit agreement with JPMorgan Chase Bank, N.A. and a syndicate of banks. The facility provides up to $1.0 billion in aggregate commitments, usable for cash borrowings or letters of credit for subsidiary account parties. It replaces the company鈥檚 prior $1.5 billion unsecured revolver dated 16 Feb 2018, which was terminated the same day. Full terms will be filed with the Q3-25 10-Q.
- Liquidity impact: Multi-year access to committed capital, but capacity falls by $0.5 billion (-33%).
- Capital structure: Facility remains unsecured, indicating lender confidence in EQH鈥檚 credit quality.
- Maturity: Commitment extends to 2030, supporting funding flexibility ahead of potential market volatility.
No earnings metrics or other operational updates were disclosed.
Equitable Holdings (EQH) 8-K 鈥� Nuova linea di credito revolving
Il 29 luglio 2025 EQH ha stipulato un accordo di credito revolving senior non garantito della durata di cinque anni con JPMorgan Chase Bank, N.A. e un sindacato bancario. La linea di credito prevede impegni aggregati fino a 1,0 miliardi di dollari, utilizzabili per prestiti in contanti o lettere di credito per le societ脿 controllate. Essa sostituisce la precedente linea revolving non garantita da 1,5 miliardi di dollari datata 16 febbraio 2018, che 猫 stata chiusa lo stesso giorno. I termini completi saranno presentati nel 10-Q del terzo trimestre 2025.
- Impatto sulla liquidit脿: Accesso pluriennale a capitale impegnato, ma la capacit脿 si riduce di 0,5 miliardi di dollari (-33%).
- Struttura del capitale: La linea rimane non garantita, segnalando la fiducia dei finanziatori nella qualit脿 creditizia di EQH.
- Scadenza: L鈥檌mpegno si estende fino al 2030, supportando la flessibilit脿 di finanziamento in vista di potenziali volatilit脿 di mercato.
Non sono stati divulgati indicatori di redditivit脿 o altri aggiornamenti operativi.
Equitable Holdings (EQH) 8-K 鈥� Nueva l铆nea de cr茅dito revolvente
El 29 de julio de 2025, EQH firm贸 un acuerdo de cr茅dito revolvente senior no garantizado a cinco a帽os con JPMorgan Chase Bank, N.A. y un sindicato de bancos. La facilidad ofrece compromisos agregados de hasta 1.000 millones de d贸lares, utilizables para pr茅stamos en efectivo o cartas de cr茅dito para las cuentas de subsidiarias. Reemplaza la l铆nea revolvente no garantizada previa de 1.500 millones de d贸lares fechada el 16 de febrero de 2018, que fue cancelada el mismo d铆a. Los t茅rminos completos se presentar谩n en el 10-Q del tercer trimestre de 2025.
- Impacto en la liquidez: Acceso plurianual a capital comprometido, pero la capacidad se reduce en 0,5 mil millones de d贸lares (-33%).
- Estructura de capital: La facilidad sigue siendo no garantizada, lo que indica la confianza de los prestamistas en la calidad crediticia de EQH.
- Vencimiento: El compromiso se extiende hasta 2030, apoyando la flexibilidad de financiamiento ante posibles volatilidades del mercado.
No se divulgaron m茅tricas de ganancias ni otras actualizaciones operativas.
Equitable Holdings (EQH) 8-K 鈥� 鞁犼窚 須岇爠 鞁犾毄 鞁滌劋
2025雲� 7鞗� 29鞚� EQH電� JPMorgan Chase Bank, N.A. 氚� 鞚�頄� 旎唽鞁滌梽瓿� 5雲� 毵岅赴 靹犾垳鞙� 氍措嫶氤� 須岇爠 鞁犾毄 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞚� 鞁滌劋鞚� 鞛愴殞靷� 瓿勳爼 雼轨偓鞛愲ゼ 鞙勴暅 順勱笀 彀瀰 霕愲姅 鞁犾毄鞛レ棎 靷毄頃� 靾� 鞛堧姅 齑� 10鞏� 雼煬旯岇鞚� 鞎届爼鞚� 鞝滉车頃╇媹雼�. 鞚措姅 2018雲� 2鞗� 16鞚检瀽 旮办〈 15鞏� 雼煬 氍措嫶氤� 須岇爠 鞁犾毄鞚� 雽�觳错晿氅�, 頃措嫻 鞁犾毄鞚� 臧欖潃 雮� 膦呺霅橃棃鞀惦媹雼�. 鞝勳泊 臁瓣贝鞚� 2025雲� 3攵勱赴 10-Q鞐� 鞝滌稖霅� 鞓堨爼鞛呺媹雼�.
- 鞙犽彊靹� 鞓來枼: 雼る厔臧� 鞎届爼 鞛愲掣 鞝戧芳 臧�電ロ晿歆�毵�, 鞖╇焿鞚� 5鞏� 雼煬(-33%) 臧愳唽頄堨姷雼堧嫟.
- 鞛愲掣 甑“: 鞁滌劋鞚� 氍措嫶氤� 靸來儨毳� 鞙犾頃橂┌, 鞚措姅 EQH鞚� 鞁犾毄 頀堨鞐� 雽�頃� 雽�於滌瀽鞚� 鞁犽毳� 雮橅儉雰呺媹雼�.
- 毵岅赴: 鞎届爼鞚� 2030雲勱箤歆� 鞐办灔霅橃柎 鞛犾灛鞝� 鞁滌灔 氤�霃欖劚鞐� 雽�牍勴暅 鞛愱笀 臁半嫭 鞙犾棸靹膘潉 歆�鞗愴暕雼堧嫟.
靾橃澋 歆�響滊倶 旮绊儉 鞖挫榿 鞐呺嵃鞚错姼電� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Equitable Holdings (EQH) 8-K 鈥� Nouvelle facilit茅 de cr茅dit renouvelable
Le 29 juillet 2025, EQH a conclu un accord de cr茅dit renouvelable senior non garanti d鈥檜ne dur茅e de cinq ans avec JPMorgan Chase Bank, N.A. et un syndicat bancaire. La facilit茅 offre jusqu鈥櫭� 1,0 milliard de dollars d鈥檈ngagements globaux, utilisables pour des emprunts en esp猫ces ou des lettres de cr茅dit pour les filiales. Elle remplace la facilit茅 renouvelable non garantie ant茅rieure de 1,5 milliard de dollars dat茅e du 16 f茅vrier 2018, qui a 茅t茅 r茅sili茅e le m锚me jour. Les conditions compl猫tes seront d茅pos茅es avec le 10-Q du troisi猫me trimestre 2025.
- Impact sur la liquidit茅 : Acc猫s pluriannuel 脿 un capital engag茅, mais la capacit茅 diminue de 0,5 milliard de dollars (-33 %).
- Structure du capital : La facilit茅 reste non garantie, indiquant la confiance des pr锚teurs dans la qualit茅 de cr茅dit d鈥橢QH.
- 脡ch茅ance : L鈥檈ngagement s鈥櫭﹖end jusqu鈥檈n 2030, soutenant la flexibilit茅 de financement face 脿 une 茅ventuelle volatilit茅 du march茅.
Aucune donn茅e sur les r茅sultats ou autre mise 脿 jour op茅rationnelle n鈥檃 茅t茅 communiqu茅e.
Equitable Holdings (EQH) 8-K 鈥� Neue revolvierende Kreditfazilit盲t
Am 29. Juli 2025 schloss EQH eine f眉nfj盲hrige unbesicherte revolvierende Kreditvereinbarung mit JPMorgan Chase Bank, N.A. und einem Bankenkonsortium ab. Die Fazilit盲t bietet insgesamt Verpflichtungen von bis zu 1,0 Milliarden US-Dollar, nutzbar f眉r Barkredite oder Akkreditive f眉r Tochtergesellschaften. Sie ersetzt die vorherige unbesicherte revolvierende Kreditlinie des Unternehmens 眉ber 1,5 Milliarden US-Dollar vom 16. Februar 2018, die am selben Tag beendet wurde. Die vollst盲ndigen Bedingungen werden im 10-Q f眉r das dritte Quartal 2025 eingereicht.
- 尝颈辩耻颈诲颈迟盲迟蝉补耻蝉飞颈谤办耻苍驳: Mehrj盲hrige Zugriffsm枚glichkeit auf zugesagtes Kapital, jedoch sinkt die Kapazit盲t um 0,5 Milliarden US-Dollar (-33%).
- Kapitalstruktur: Die Fazilit盲t bleibt unbesichert, was auf das Vertrauen der Kreditgeber in die Kreditqualit盲t von EQH hinweist.
- 贵盲濒濒颈驳办别颈迟: Die Verpflichtung erstreckt sich bis 2030 und unterst眉tzt die Finanzierungsflexibilit盲t im Hinblick auf m枚gliche Marktvolatilit盲t.
Es wurden keine Gewinnkennzahlen oder sonstige operative Updates ver枚ffentlicht.
- Secured a new $1 billion five-year senior unsecured revolving credit facility, extending committed liquidity to 2030.
- Facility remains unsecured, reflecting syndicate confidence in Equitable Holdings鈥� creditworthiness.
- Revolver size reduced by $0.5 billion (-33%) compared with the terminated 2018 facility, lowering short-term liquidity headroom.
- Key pricing grids and covenant terms were not disclosed, leaving uncertainty around borrowing cost and flexibility.
Insights
TL;DR: Neutral-slightly positive; new $1 bn unsecured revolver extends tenor but trims capacity 33%, maintaining liquidity without added collateral.
The unsecured nature and five-year term suggest banks remain comfortable with EQH鈥檚 credit profile. Although the headline limit drops to $1 bn, the company may simply be right-sizing unused capacity, saving commitment fees. Absence of covenants details prevents full assessment, yet shifting to 2030 maturity secures funding through multiple cycles. Overall liquidity remains strong relative to recent cash needs, so the credit move is broadly neutral for bondholders and modestly supportive for equity.
TL;DR: Slight negative; smaller line cuts backup liquidity & could constrain future buybacks unless cash generation stays robust.
A 33% reduction in available revolver capacity lowers the emergency buffer for unforeseen market stress. If capital markets tighten, EQH may rely on costlier funding or curb shareholder returns. Investors will watch pricing grids and leverage covenants when filed. Until those terms are known, I view the change as modestly adverse to the equity risk-reward, though not immediately material to valuation.
Equitable Holdings (EQH) 8-K 鈥� Nuova linea di credito revolving
Il 29 luglio 2025 EQH ha stipulato un accordo di credito revolving senior non garantito della durata di cinque anni con JPMorgan Chase Bank, N.A. e un sindacato bancario. La linea di credito prevede impegni aggregati fino a 1,0 miliardi di dollari, utilizzabili per prestiti in contanti o lettere di credito per le societ脿 controllate. Essa sostituisce la precedente linea revolving non garantita da 1,5 miliardi di dollari datata 16 febbraio 2018, che 猫 stata chiusa lo stesso giorno. I termini completi saranno presentati nel 10-Q del terzo trimestre 2025.
- Impatto sulla liquidit脿: Accesso pluriennale a capitale impegnato, ma la capacit脿 si riduce di 0,5 miliardi di dollari (-33%).
- Struttura del capitale: La linea rimane non garantita, segnalando la fiducia dei finanziatori nella qualit脿 creditizia di EQH.
- Scadenza: L鈥檌mpegno si estende fino al 2030, supportando la flessibilit脿 di finanziamento in vista di potenziali volatilit脿 di mercato.
Non sono stati divulgati indicatori di redditivit脿 o altri aggiornamenti operativi.
Equitable Holdings (EQH) 8-K 鈥� Nueva l铆nea de cr茅dito revolvente
El 29 de julio de 2025, EQH firm贸 un acuerdo de cr茅dito revolvente senior no garantizado a cinco a帽os con JPMorgan Chase Bank, N.A. y un sindicato de bancos. La facilidad ofrece compromisos agregados de hasta 1.000 millones de d贸lares, utilizables para pr茅stamos en efectivo o cartas de cr茅dito para las cuentas de subsidiarias. Reemplaza la l铆nea revolvente no garantizada previa de 1.500 millones de d贸lares fechada el 16 de febrero de 2018, que fue cancelada el mismo d铆a. Los t茅rminos completos se presentar谩n en el 10-Q del tercer trimestre de 2025.
- Impacto en la liquidez: Acceso plurianual a capital comprometido, pero la capacidad se reduce en 0,5 mil millones de d贸lares (-33%).
- Estructura de capital: La facilidad sigue siendo no garantizada, lo que indica la confianza de los prestamistas en la calidad crediticia de EQH.
- Vencimiento: El compromiso se extiende hasta 2030, apoyando la flexibilidad de financiamiento ante posibles volatilidades del mercado.
No se divulgaron m茅tricas de ganancias ni otras actualizaciones operativas.
Equitable Holdings (EQH) 8-K 鈥� 鞁犼窚 須岇爠 鞁犾毄 鞁滌劋
2025雲� 7鞗� 29鞚� EQH電� JPMorgan Chase Bank, N.A. 氚� 鞚�頄� 旎唽鞁滌梽瓿� 5雲� 毵岅赴 靹犾垳鞙� 氍措嫶氤� 須岇爠 鞁犾毄 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞚� 鞁滌劋鞚� 鞛愴殞靷� 瓿勳爼 雼轨偓鞛愲ゼ 鞙勴暅 順勱笀 彀瀰 霕愲姅 鞁犾毄鞛レ棎 靷毄頃� 靾� 鞛堧姅 齑� 10鞏� 雼煬旯岇鞚� 鞎届爼鞚� 鞝滉车頃╇媹雼�. 鞚措姅 2018雲� 2鞗� 16鞚检瀽 旮办〈 15鞏� 雼煬 氍措嫶氤� 須岇爠 鞁犾毄鞚� 雽�觳错晿氅�, 頃措嫻 鞁犾毄鞚� 臧欖潃 雮� 膦呺霅橃棃鞀惦媹雼�. 鞝勳泊 臁瓣贝鞚� 2025雲� 3攵勱赴 10-Q鞐� 鞝滌稖霅� 鞓堨爼鞛呺媹雼�.
- 鞙犽彊靹� 鞓來枼: 雼る厔臧� 鞎届爼 鞛愲掣 鞝戧芳 臧�電ロ晿歆�毵�, 鞖╇焿鞚� 5鞏� 雼煬(-33%) 臧愳唽頄堨姷雼堧嫟.
- 鞛愲掣 甑“: 鞁滌劋鞚� 氍措嫶氤� 靸來儨毳� 鞙犾頃橂┌, 鞚措姅 EQH鞚� 鞁犾毄 頀堨鞐� 雽�頃� 雽�於滌瀽鞚� 鞁犽毳� 雮橅儉雰呺媹雼�.
- 毵岅赴: 鞎届爼鞚� 2030雲勱箤歆� 鞐办灔霅橃柎 鞛犾灛鞝� 鞁滌灔 氤�霃欖劚鞐� 雽�牍勴暅 鞛愱笀 臁半嫭 鞙犾棸靹膘潉 歆�鞗愴暕雼堧嫟.
靾橃澋 歆�響滊倶 旮绊儉 鞖挫榿 鞐呺嵃鞚错姼電� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Equitable Holdings (EQH) 8-K 鈥� Nouvelle facilit茅 de cr茅dit renouvelable
Le 29 juillet 2025, EQH a conclu un accord de cr茅dit renouvelable senior non garanti d鈥檜ne dur茅e de cinq ans avec JPMorgan Chase Bank, N.A. et un syndicat bancaire. La facilit茅 offre jusqu鈥櫭� 1,0 milliard de dollars d鈥檈ngagements globaux, utilisables pour des emprunts en esp猫ces ou des lettres de cr茅dit pour les filiales. Elle remplace la facilit茅 renouvelable non garantie ant茅rieure de 1,5 milliard de dollars dat茅e du 16 f茅vrier 2018, qui a 茅t茅 r茅sili茅e le m锚me jour. Les conditions compl猫tes seront d茅pos茅es avec le 10-Q du troisi猫me trimestre 2025.
- Impact sur la liquidit茅 : Acc猫s pluriannuel 脿 un capital engag茅, mais la capacit茅 diminue de 0,5 milliard de dollars (-33 %).
- Structure du capital : La facilit茅 reste non garantie, indiquant la confiance des pr锚teurs dans la qualit茅 de cr茅dit d鈥橢QH.
- 脡ch茅ance : L鈥檈ngagement s鈥櫭﹖end jusqu鈥檈n 2030, soutenant la flexibilit茅 de financement face 脿 une 茅ventuelle volatilit茅 du march茅.
Aucune donn茅e sur les r茅sultats ou autre mise 脿 jour op茅rationnelle n鈥檃 茅t茅 communiqu茅e.
Equitable Holdings (EQH) 8-K 鈥� Neue revolvierende Kreditfazilit盲t
Am 29. Juli 2025 schloss EQH eine f眉nfj盲hrige unbesicherte revolvierende Kreditvereinbarung mit JPMorgan Chase Bank, N.A. und einem Bankenkonsortium ab. Die Fazilit盲t bietet insgesamt Verpflichtungen von bis zu 1,0 Milliarden US-Dollar, nutzbar f眉r Barkredite oder Akkreditive f眉r Tochtergesellschaften. Sie ersetzt die vorherige unbesicherte revolvierende Kreditlinie des Unternehmens 眉ber 1,5 Milliarden US-Dollar vom 16. Februar 2018, die am selben Tag beendet wurde. Die vollst盲ndigen Bedingungen werden im 10-Q f眉r das dritte Quartal 2025 eingereicht.
- 尝颈辩耻颈诲颈迟盲迟蝉补耻蝉飞颈谤办耻苍驳: Mehrj盲hrige Zugriffsm枚glichkeit auf zugesagtes Kapital, jedoch sinkt die Kapazit盲t um 0,5 Milliarden US-Dollar (-33%).
- Kapitalstruktur: Die Fazilit盲t bleibt unbesichert, was auf das Vertrauen der Kreditgeber in die Kreditqualit盲t von EQH hinweist.
- 贵盲濒濒颈驳办别颈迟: Die Verpflichtung erstreckt sich bis 2030 und unterst眉tzt die Finanzierungsflexibilit盲t im Hinblick auf m枚gliche Marktvolatilit盲t.
Es wurden keine Gewinnkennzahlen oder sonstige operative Updates ver枚ffentlicht.
| (State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer | ||||||
| incorporation or organization) | Identification No.) | |||||||
| Title of each class | Trading Symbol | Name of Exchange on which registered | ||||||||||||
| Exhibit | Description | ||||
1.1 | Revolving Credit Agreement, dated as of July 29, 2025, by and between Equitable Holdings, Inc., the Subsidiary Account Parties thereto, the banks party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
| EQUITABLE HOLDINGS, INC. | |||||||||||
| Date: July 30, 2025 | By: | /s/ Ralph Petruzzo | |||||||||
Name: | Ralph Petruzzo | ||||||||||
Title: | Deputy General Counsel | ||||||||||
Source:
FAQ
What did Equitable Holdings (EQH) disclose in its latest 8-K?
How large is the new revolving credit facility for EQH?
Which bank is the administrative agent for the new EQH revolver?
How does the new facility compare to the previous one?
Does the 8-K include any earnings or financial results?
