Lennar amends credit facility: commitments up to $2.575B, maturity extended to 2027

LENNAR CORP /NEW/

Revolving credit commitments increased from $2.5B to $2.575B; accordion feature raised to $3.0B.
Class A lenders' commitments maturity extended from April 2024 to May 2027.
Proceeds available for working capital and general corporate purposes.
Certain homebuilding subsidiaries guarantee the obligations under the Credit Agreement.

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