secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000882184-24-000018
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D.R. Horton subsidiary amends repurchase facility, reduces maximum accordion to $2.0B
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- Maximum Aggregate Commitment unchanged at $1.6B; accordion feature reduced from $2.3B to $2.0B.
- Termination date extended to February 13, 2025; swing line limit set at $300M.
- Applicable margin set at 1.60%; two new buyers added: Merchants Bank of Indiana and Hinsdale Bank & Trust.
- Facility is not guaranteed by D.R. Horton, Inc. or its homebuilding subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218424000018/0000882184-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218424000018/dhi-20240216.htm
  HTML page:      https://secwatch.observer/filing/0000882184-24-000018

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