---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-275030"
form_type: "8-K"
ticker: "DHI"
cik: "0000882184"
company_name: "HORTON D R INC /DE/"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T20:44:52.714389+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# D.R. Horton extends revolver to Oct 2027, swaps LIBOR for SOFR

## Summary
- Revolving credit facility termination date extended to October 28, 2027.
- LIBOR replaced with SOFR-based interest rates under Amendment No. 11.
- Mizuho Bank remains administrative agent; multiple lenders consent.
- Pricing schedule updated with SOFR margin based on leverage ratio (Level I–V).
- No defaults outstanding; all representations and warranties reaffirmed.

## SEC filing metadata
- accession: 0001193125-22-275030
- form_type: 8-K
- ticker: DHI
- cik: 0000882184
- company_name: HORTON D R INC /DE/
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882184/000119312522275030/0001193125-22-275030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882184/000119312522275030/d296095d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-275030
- JSON: https://secwatch.observer/filing/0001193125-22-275030.json
- Plain text: https://secwatch.observer/filing/0001193125-22-275030.txt

## Key facts
- Debt Financings
  HORTON D R INC /DE/ amended revolving credit with Mizuho Bank, Ltd., as successor Administrative Agent, an Issuing Bank and a Lender at SOFR-based interest rates maturing October 28, 2027.
  - Instrument: revolving credit
  - Counterparty: Mizuho Bank, Ltd., as successor Administrative Agent, an Issuing Bank and a Lender
  - Rate: SOFR-based interest rates
  - Maturity: October 28, 2027
  - Event: amendment
  source text: Pursuant to the terms of Amendment No. 11, the Administrative Agent and the Lenders party thereto agreed to extend the Revolving Credit Facility Termination Date to October 28, 2027 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/882184/000119312522275030/0001193125-22-275030-index.htm
- Material Agreements
  HORTON D R INC /DE/ amended Amendment No. 11 to Credit Agreement with Mizuho Bank, Ltd. and the Lenders valued at Extended Revolving Credit Facility Termination Date to October 28, 2027 and replaced LIBOR-based int (effective 2022-10-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Mizuho Bank, Ltd. and the Lenders
  - Value: Extended Revolving Credit Facility Termination Date to October 28, 2027 and replaced LIBOR-based int
  - Effective: 2022-10-28
  source text: Effective October 28, 2022, D.R. Horton, Inc. (the “ Borrower ”) and Mizuho Bank, Ltd., as successor Administrative Agent, an Issuing Bank and a Lender (“ Mizuho ” or “ Administrative Agent ”) and the Lenders entered into Amendment No. 11 (the “ Amendment No. 11 ”) to the Credit Agreement dated as of September 7, 2012 as amended prior to the date hereof (as so amended, the “ Credit Agreement ”). Pursuant to the terms of Amendment No. 11, the Administrative Agent and the Lenders party thereto agreed to extend the Revolving Credit Facility Termination Date to October 28, 2027 and replace the LIBOR-based interest rate applicable to borrowings under the Credit Agreement with SOFR-based interest rates, subject to adjustment as specified in Amendment No. 11. The description and terms of Amendment No. 11 provided herein are qualified in their entirety by reference to the full and complete terms contained in Amendment No. 11, which is attached to this Form 8-K as Exhibit 10.1 and incorporated
  evidence_url: https://www.sec.gov/Archives/edgar/data/882184/000119312522275030/0001193125-22-275030-index.htm

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