Genworth Financial Enters Three-Year, $300 Million Credit Deal

Genworth Financial Inc. (GNW), the seller of life insurance and mortgage guaranties, entered a three-year, $300 million credit agreement.

“With access to the credit facility, we have further strengthened our balance sheet and enhanced our financial flexibility,” Chief Financial Officer Martin Klein said today in a PR Newswire statement from the Richmond, Virginia-based insurer.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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