---
schema_version: "secwatch.filing_event.v1"
accession: "0000906163-25-000031"
form_type: "8-K"
ticker: "NVR"
cik: "0000906163"
company_name: "NVR INC"
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T23:03:08.065595+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0000906163-25-000031
- form_type: 8-K
- ticker: NVR
- cik: 0000906163
- company_name: NVR INC
- filed_at: 2025-03-12T23:59:59+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/906163/000090616325000031/0000906163-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906163/000090616325000031/nvr-20250311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906163-25-000031
- JSON: https://secwatch.observer/filing/0000906163-25-000031.json
- Plain text: https://secwatch.observer/filing/0000906163-25-000031.txt

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