---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-045029"
form_type: "8-K"
ticker: "CCS"
cik: "0001576940"
company_name: "Century Communities, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:02:32.606898+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Century Communities enters $900M credit facility, up from $800M previous

## Summary
- New $900M senior unsecured revolving credit facility replaces $800M prior agreement.
- Matures November 1, 2028; includes $250M letter of credit sublimit.
- Pricing based on leverage ratio: SOFR + 1.45%-2.30% per annum.
- Covenants include max leverage 60-65%, min interest coverage 1.50x, min tangible net worth ~$1.75B.
- As of Sept 30, 2024, $414M was outstanding under the prior facility.

## SEC filing metadata
- accession: 0001140361-24-045029
- form_type: 8-K
- ticker: CCS
- cik: 0001576940
- company_name: Century Communities, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576940/000114036124045029/0001140361-24-045029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576940/000114036124045029/ef20037977_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-045029
- JSON: https://secwatch.observer/filing/0001140361-24-045029.json
- Plain text: https://secwatch.observer/filing/0001140361-24-045029.txt

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