---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-090289"
form_type: "8-K"
ticker: "UHG"
cik: "0001830188"
company_name: "United Homes Group, Inc."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T15:15:00.916999+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# United Homes Group enters $240M amended revolving credit facility with Wells Fargo

## Summary
- Second Amended and Restated Credit Agreement ups facility to $240M revolving line, maturing August 10, 2026.
- Covenants include max leverage ratio of 2.50:1 (2.25 after Dec 2023), min tangible net worth of $70M plus earnings.
- Interest at SOFR + 275-350 bps or base rate plus margin; unused fee 15-30 bps.
- Borrower adds United Homes Group (parent) as co-borrower alongside Great Southern Homes.
- Minimum liquidity of $20M and unrestricted cash at least 50% of that amount required at all times.

## SEC filing metadata
- accession: 0001104659-23-090289
- form_type: 8-K
- ticker: UHG
- cik: 0001830188
- company_name: United Homes Group, Inc.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830188/000110465923090289/0001104659-23-090289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830188/000110465923090289/tm2323333d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-090289
- JSON: https://secwatch.observer/filing/0001104659-23-090289.json
- Plain text: https://secwatch.observer/filing/0001104659-23-090289.txt

## Key facts
- Debt Financings
  United Homes Group, Inc. amended revolving credit of up to $240,000,000 with Wells Fargo Bank, National Association, as administrative agent; Wells Fargo Securities, LLC, as sole Lead Arranger and sole Bookrunner; and the lenders party thereto at Secured Overnight Financing Rate plus an applicable margin (ranging from 275 bas maturing August 10, 2026.
  - Instrument: revolving credit
  - Principal: up to $240,000,000
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent; Wells Fargo Securities, LLC, as sole Lead Arranger and sole Bookrunner; and the lenders party thereto
  - Rate: Secured Overnight Financing Rate plus an applicable margin (ranging from 275 bas
  - Maturity: August 10, 2026
  - Event: amendment
  source text: given them in the Second Amended and Restated Credit Agreement. The Second Amended and Restated Credit Agreement provides for a three-year revolving credit facility of up to $240,000,000 (the “Revolving Loans” or the “Amended Credit Facility”). The Amended Credit Facility also includes a $2,000,000 letter of credit as a sub-facility subject to the same terms and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830188/000110465923090289/0001104659-23-090289-index.htm

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