secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0000822416-21-000031
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pulte Mortgage enters $650M repurchase facility with Comerica Bank, replacing prior agreement
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- Facility commitment initially $580M, rising to $650M Dec 27, 2021, then $460M Jan 14, 2022, and $550M June 27, 2022; accordion to $700M.
- Advances priced at LIBOR plus Applicable Margin; term expires July 28, 2022 unless earlier termination.
- Obligations under the facility are not guaranteed by PulteGroup or its senior note guarantors.
- Proceeds used to finance mortgage loan origination, replacing a prior agreement that expired July 29, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241621000031/0000822416-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241621000031/phm-20210729.htm
  HTML page:      https://secwatch.observer/filing/0000822416-21-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer