---
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"
generated_at: "2026-05-18T08:59:27.129267+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Meritage extends credit facility maturity to 2030, updates net worth covenant

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000833079-25-000112
- JSON: https://secwatch.observer/filing/0000833079-25-000112.json
- Plain text: https://secwatch.observer/filing/0000833079-25-000112.txt

## Key facts
- Debt Financings
  Meritage Homes CORP amended credit facility maturing July 9, 2030.
  - Instrument: credit facility
  - Maturity: July 9, 2030
  - Event: amendment
  source text: the Eleventh Amendment extends the maturity date from June 12, 2029 to July 9, 2030.
  evidence_url: https://www.sec.gov/Archives/edgar/data/833079/000083307925000112/0000833079-25-000112-index.htm

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