---
schema_version: "secwatch.filing_event.v1"
accession: "0000822416-22-000041"
form_type: "8-K"
ticker: "PHM"
cik: "0000822416"
company_name: "PULTEGROUP INC/MI/"
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T07:08:33.336072+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Pulte Mortgage enters $800M repurchase facility with Comerica Bank

## Summary
- Maximum commitment $800M ($850M accordion); initial $655M with seasonal adjustments.
- Expires July 27, 2023; replaces similar facility that expired July 28, 2022.
- Pricing based on Daily Adjusting BSBY plus Applicable Margin; not guaranteed by PulteGroup.
- Covenants include Adjusted Tangible Net Worth, Liquidity, and Net Income thresholds.
- Facility finances mortgage loan origination for Pulte Mortgage, a PulteGroup subsidiary.

## SEC filing metadata
- accession: 0000822416-22-000041
- form_type: 8-K
- ticker: PHM
- cik: 0000822416
- company_name: PULTEGROUP INC/MI/
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/822416/000082241622000041/0000822416-22-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/822416/000082241622000041/phm-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000822416-22-000041
- JSON: https://secwatch.observer/filing/0000822416-22-000041.json
- Plain text: https://secwatch.observer/filing/0000822416-22-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.