Financing ·
Truist Bank waives defaults and extends financial statement delivery deadlines in credit agreement amendments
AAMEAtlantic American Corp
Atlantic American Corporation entered into a Fourth Amendment on October 9, 2026, extending the deadline for its audited consolidated financial statements for the year ended December 31, 2025, to October 15, 2026, and interim statements for the first three quarters of 2026 to November 30, 2026. A subsequent Fifth Amendment on October 15, 2026, further extended the audited financials deadline to October 23, 2026, amended the minimum AM Best rating requirement for its subsidiary American Southern Insurance Company to 'A-', and waived related defaults under the Revolving Credit Agreement with Truist Bank. The company operates in the insurance industry.