{"schema_version":"secwatch.filing_event.v1","accession":"0000882184-26-000087","form_type":"8-K","ticker":"DHI","cik":"0000882184","company_name":"HORTON D R INC /DE/","filed_at":"2026-05-12T13:45:26+00:00","discovered_at":"2026-05-12T13:46:00.283679+00:00","generated_at":"2026-05-12T13:48:49.697315+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"D.R. Horton subsidiary extends repurchase facility to $1.925B, maturity to 2029","bullets":["Maximum commitment increased to $1.925B; maturity extended to May 4, 2029 with up to three one-year extensions.","Applicable margin set at 1.90%; non-usage fee of 0.20% per annum on unused commitment.","Financial covenants: minimum consolidated tangible net worth $200M; max debt-to-tangible net worth 8.0:1.","Facility is not guaranteed by D.R. Horton or its homebuilding/rental/forestar subsidiaries.","Manufacturers and Traders Trust Co. and Bank of Nova Scotia added as joint lead arrangers."],"urls":{"canonical":"https://secwatch.observer/filing/0000882184-26-000087","json":"https://secwatch.observer/filing/0000882184-26-000087.json","markdown":"https://secwatch.observer/filing/0000882184-26-000087.md","text":"https://secwatch.observer/filing/0000882184-26-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/882184/000088218426000087/0000882184-26-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882184/000088218426000087/dhi-20260506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T13:48:49.697315+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":"d6b0b29fc55fb6bad272d85eb66c0b3acd8f7387","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/882184/000088218426000087/0000882184-26-000087-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$1.925 billion Maximum Aggregate Commitment"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"modified certain pricing terms and fees"},{"label":"Maturity","value":"May 4, 2029"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"a3dd0357582a485e9ad56f72c3802789086d7505","claim":"HORTON D R INC /DE/ amended Fifth Amendment with U.S. Bank National Association valued at $1.925 billion (effective 2026-05-06).","evidence_excerpt":"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\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882184/000088218426000087/0000882184-26-000087-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Value","value":"$1.925 billion"},{"label":"Effective","value":"2026-05-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}