* Co signs credit pact with JP Morgan Chase
* May seek to raise facility by not more than $25 mln
April 6 Property and casualty insurer
Navigators Group Inc (NAVG.O) said it has entered into a $140
million credit agreement with lenders led by JPMorgan Chase
The new credit pact replaces an older $75 million facility
that expired on April 2.
Navigators may ask to increase the facility by not more
than $25 million, the company said in a filing with the U.S.
Securities and Exchange Commission.
The credit facility will continue to be used primarily to
support the company's capacity at its Lloyd's of London
Shares of the New York-based company closed at $40.04
Tuesday on Nasdaq.
(Reporting by Sweta Singh in Bangalore; Editing by