Cannae : Corporate Liquidity – May 2024

CORPORATE LIQUIDITY

Liquidity						May 9, 2024
Holding company cash and short-term investments			$26.1
Base capacity under margin loan	(1)					150.0
Total Gross Liquidity							$176.1
Committed Capital and Short-Term Cash Commitments	Timing
JANA investment					next ~9 months		50.0
Net Liquidity							$126.1
Corporate Debt Outstanding		Size		Interest Rate	Maturity
Margin loan	$500.0	(1)	3 Mo. Adj SOFR + 3.10%	Mar-27	$	-
FNF revolver	$60.0	(2)	7.00%	Nov-25		59.7
Total Corporate Debt Outstanding				$	59.7

March 31,	December 31,
2024	2022
$260.8	$266.7

1. Facility has an accordion feature of up to $500M
2. No further draws available