---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-275029"
form_type: "8-K"
ticker: "FOR"
cik: "0001406587"
company_name: "Forestar Group Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:46:55.072557+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Forestar extends revolving credit facility maturity to Oct 2026, switches to SOFR-based rates

## Summary
- Amendment extends termination date of $400M revolver to October 28, 2026.
- LIBOR-based interest rates replaced with SOFR-based rates (Term SOFR + 0.10% margin, etc.).
- Pricing grid revised with applicable SOFR margins ranging from 1.75% to 2.50% based on leverage ratio.
- Borrower reaffirms obligations under Loan Documents, including guarantees; no default exists.
- JPMorgan Chase, Citibank, Mizuho, Wells Fargo, TD Securities act as arrangers.

## SEC filing metadata
- accession: 0001193125-22-275029
- form_type: 8-K
- ticker: FOR
- cik: 0001406587
- company_name: Forestar Group Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1406587/000119312522275029/0001193125-22-275029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1406587/000119312522275029/d240474d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-275029
- JSON: https://secwatch.observer/filing/0001193125-22-275029.json
- Plain text: https://secwatch.observer/filing/0001193125-22-275029.txt

## Key facts
- Debt Financings
  Forestar Group Inc. amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at replace the LIBOR-based interest rate applicable to borrowings under the Credit maturing October 28, 2026.
  - Instrument: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: replace the LIBOR-based interest rate applicable to borrowings under the Credit
  - Maturity: October 28, 2026
  - Event: amendment
  source text: the Administrative Agent and the Lenders party thereto agreed to extend the Revolving Credit Facility Termination Date to October 28, 2026 and replace the LIBOR-based interest rate applicable to borrowings under the Credit Agreement with SOFR-based interest rates
  evidence_url: https://www.sec.gov/Archives/edgar/data/1406587/000119312522275029/0001193125-22-275029-index.htm
- Material Agreements
  Forestar Group Inc. amended Amendment No. 3 with JPMorgan Chase Bank, N.A., as administrative agent (effective 2022-10-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Effective: 2022-10-28
  source text: Effective October 28, 2022, Forestar Group Inc. (the “ Borrower ”) and JPMorgan Chase Bank, N.A., as administrative agent (“ JPMorgan ” or “ Administrative Agent ”) and the Lenders entered into Amendment No. 3 (the “ Amendment No. 3 ”) to the Credit Agreement dated as of August 16, 2018 as amended prior to the date hereof (as so amended, the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1406587/000119312522275029/0001193125-22-275029-index.htm

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