Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.98
HORTON D R INC /DE/ amended credit facility of $1.925 billion Maximum Aggregate Commitment with U.S. Bank National Association at modified certain pricing terms and fees maturing May 4, 2029.
- Instrument
- credit facility
- Principal
- $1.925 billion Maximum Aggregate Commitment
- Counterparty
- U.S. Bank National Association
- Rate
- modified certain pricing terms and fees
- Maturity
- May 4, 2029
- Event
- amendment
Exact text from the filing
the "Amended Repurchase Facility"). Pursuant to the terms of the Amendment, the parties agreed to, among other things, (i) increase the Maximum Aggregate Commitment amount to $1.925 billion, (ii) extend the maturity date to May 4, 2029, subject to additional extension options, (iii) modify certain pricing terms and fees, and (iv) modify certain financial covenants.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
HORTON D R INC /DE/ amended Fifth Amendment with U.S. Bank National Association valued at $1.925 billion (effective 2026-05-06).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- U.S. Bank National Association
- Value
- $1.925 billion
- Effective
- 2026-05-06
Exact text from the filing
Effective May 6, 2026, DHI Mortgage Company, Ltd. ("DHI Mortgage"), a wholly-owned subsidiary of D.R. Horton, Inc., U.S. Bank National Association, as a buyer, and as administrative agent ("U.S. Bank" or "Administrative Agent") and other buyers listed as a buyer (collectively, the "Buyers") hereto entered into the Fifth Amendment (the "Amendment") to the Fourth Amended and Restated Master Repurchase Agreement dated as of February 18, 2022 as amended prior to the date hereof (as so amended, the "Amended Repurchase Facility").
View on SEC.gov