secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2021-12-14T23:59:59+00:00
Accession:  0001373670-21-000041
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick expands credit facility to $300M and plans $100M note issuance at 3.25%
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- Ninth Amendment adds $130M in commitments (net $35M), total revolver commitments now $300M.
- Maturity extended to Dec 14, 2024; accordion feature increased by $50M to $325M.
- Company entered rate lock for $100M senior unsecured notes at 3.25% fixed per annum.
- Notes in two tranches: $30M due Dec 28, 2028 and $70M due Dec 28, 2029.
- Proceeds to repay revolver borrowings, pay fees, and for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367021000041/0001373670-21-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367021000041/grbk-20211210.htm
  HTML page:      https://secwatch.observer/filing/0001373670-21-000041

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