secwatch.observer — SEC 8-K summary
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Issuer:     LENNAR CORP /NEW/ (LEN)
CIK:        0000920760
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0001193125-22-161051
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920760/000119312522161051/0001193125-22-161051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920760/000119312522161051/d332951d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-161051

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