secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2022-06-16T23:59:59+00:00
Accession:  0000822416-22-000033
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup enters $1.25B credit facility, extends maturity to 2027
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- Third Amended and Restated Credit Agreement provides $1.25B senior unsecured revolving credit facility.
- Maturity extended from June 22, 2023 to June 14, 2027.
- Uncommitted accordion feature allows increase to $1.75B, subject to conditions and lender commitments.
- Financial covenants require minimum Tangible Net Worth and max Debt to Capitalization Ratio.
- Facility replaces prior credit agreement with substantially similar terms; guaranteed by certain wholly-owned subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241622000033/0000822416-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241622000033/phm-20220614.htm
  HTML page:      https://secwatch.observer/filing/0000822416-22-000033

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