Symetra Financial Corporation Refinances Revolving Credit Facility

Symetra Financial Corporation SYA today announced that the company is replacing its existing $200 million senior unsecured revolving credit facility with a new four-year $300 million facility. This new arrangement provides Symetra with access to an appropriately sized source of liquidity through 2015. In addition, JPMorgan Chase Bank, N.A., will replace Bank of America, N.A., as administrative agent. J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are serving as co-bookrunners and co-lead arrangers on the transaction, with U.S. Bank, National Association participating as a named agent.