CORPORATE LIQUIDITY
Liquidity
Holding company cash and short-term investments Base capacity under margin loan (1)
March 28, 2024 $260.8 150.0
Total Gross Liquidity $410.8
Committed Capital and Short-Term Cash Commitments Tender Offer (2)
JANA investment
Total Committed Capital and Short-Term Cash Commitments Net Liquidity
Timing
next 30 days 200.0
next ~10 months 50.0
250.0 $160.8
December 31, 2023 $99.5
December 31, 2022 $266.7
Corporate Debt Outstanding Size Interest Rate
Margin loan FNF revolver
$500.0 (1) 3 Mo. Adj SOFR + 3.10%
$60.0 (3)
Total Corporate Debt Outstanding
Maturity
7.00%
Nov-25
Mar-27
$
- 59.7
$
59.7
1) Facility has an accordion feature to $500M
2) Excludes potential upsize of the tender offer by up to 2% of outstanding shares
3) No further draws available
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Disclaimer
Cannae Holdings Inc. published this content on 28 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2024 23:20:20 UTC.