NVR enters $300M revolving credit facility maturing March 2030; accordion up to $600M

NVR INC

$300 million senior unsecured revolving credit facility maturing March 11, 2030, replacing $300M facility due Feb 2026.
Uncommitted accordion feature allows increase to $600M; $100M sublimit for letters of credit.
Financial covenants include max leverage ratio, interest coverage, and minimum tangible net worth, substantially similar to prior agreement.
Investment grade pricing in effect: Term SOFR loans at 0.900%, base rate loans at 0.00% due to A-/A3 rating from S&P and Moody's.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.