secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001193125-22-275030
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000119312522275030/0001193125-22-275030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000119312522275030/d296095d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-275030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer