secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0000794170-26-000046
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01, 10.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers upsizes revolver to $2.375B, extends maturities, removes SOFR spread
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- Revolving credit facility increased to $2.375B from $2.35B; maturity extended to Feb 2031.
- Term loan: $548.4M of $650M extended to Feb 2031; $101.6M remains due Feb 2030.
- SOFR credit spread adjustment of 10 bps eliminated from both facilities.
- ING Capital added as a new lender; Capital One, First-Citizens, Zions exited.
- Company reaffirmed all financial covenants and representations remain in compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417026000046/0000794170-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417026000046/tol-20260205.htm
  HTML page:      https://secwatch.observer/filing/0000794170-26-000046

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