{"schema_version":"secwatch.filing_event.v1","accession":"0000833079-25-000112","form_type":"8-K","ticker":"MTH","cik":"0000833079","company_name":"Meritage Homes CORP","filed_at":"2025-07-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.471696+00:00","generated_at":"2026-05-18T08:59:27.129267+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Meritage extends credit facility maturity to 2030, updates net worth covenant","bullets":["Maturity date extended from June 12, 2029 to July 9, 2030 under Eleventh Amendment.","Total commitments unchanged at $910M; letter of credit sublimit set at $370M.","Minimum tangible net worth covenant reset: floor of $3.602B plus 50% of positive net income and equity proceeds after March 31, 2025.","Lenders include Mizuho (agent), JPMorgan, Bank of America, and others; no new borrowing.","Guarantors reaffirm obligations; no defaults or events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0000833079-25-000112","json":"https://secwatch.observer/filing/0000833079-25-000112.json","markdown":"https://secwatch.observer/filing/0000833079-25-000112.md","text":"https://secwatch.observer/filing/0000833079-25-000112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/833079/000083307925000112/0000833079-25-000112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/833079/000083307925000112/mth-20250709.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T08:59:27.129267+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"34753f9fe342e608f9d53b39d4997c16675f8746","claim":"Meritage Homes CORP amended credit facility maturing July 9, 2030.","evidence_excerpt":"the Eleventh Amendment extends the maturity date from June 12, 2029 to July 9, 2030.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/833079/000083307925000112/0000833079-25-000112-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Maturity","value":"July 9, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}