---
schema_version: "secwatch.filing_event.v1"
accession: "0001373670-22-000052"
form_type: "8-K"
ticker: "GRBK"
cik: "0001373670"
company_name: "Green Brick Partners, Inc."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:38:39.768206+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Green Brick Partners expands credit facility to $325M, extends maturity to Dec 2025

## Summary
- Added $25M new commitment from Independent Bank; total commitments now $325M.
- Maturity of all commitments extended to December 14, 2025.
- Replaced LIBOR with SOFR as the benchmark interest rate.

## SEC filing metadata
- accession: 0001373670-22-000052
- form_type: 8-K
- ticker: GRBK
- cik: 0001373670
- company_name: Green Brick Partners, Inc.
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373670/000137367022000052/0001373670-22-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373670/000137367022000052/grbk-20221209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373670-22-000052
- JSON: https://secwatch.observer/filing/0001373670-22-000052.json
- Plain text: https://secwatch.observer/filing/0001373670-22-000052.txt

## Key facts
- Debt Financings
  Green Brick Partners, Inc. amended credit facility of $325 million with Flagstar Bank, N.A. at SOFR maturing December 14, 2025.
  - Instrument: credit facility
  - Principal: $325 million
  - Counterparty: Flagstar Bank, N.A.
  - Rate: SOFR
  - Maturity: December 14, 2025
  - Event: amendment
  source text: Pursuant to the Tenth Amendment, the Credit Agreement was amended to add a $25 million new commitment, bringing total commitments to $325 million. The maturity of all the commitments under the facility have been extended to December 14, 2025. The amendment also replaces LIBOR as the benchmark interest rate with the Secure Overnight Financing Rate (“SOFR”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367022000052/0001373670-22-000052-index.htm
- Material Agreements
  Green Brick Partners, Inc. amended Tenth Amendment with Flagstar Bank, N.A., as administrative agent, and the lenders named therein valued at $25 million new commitment (effective 2022-12-09).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Flagstar Bank, N.A., as administrative agent, and the lenders named therein
  - Value: $25 million new commitment
  - Effective: 2022-12-09
  source text: On December 9, 2022, Green Brick Partners, Inc., a Delaware corporation (the “ Company ”), as borrower, entered into the Tenth Amendment (the “Tenth Amendment ”) to the Credit Agreement, with the lenders named therein and Flagstar Bank, N.A. (f/k/a Flagstar Bank FSB) (“Flagstar”), as administrative agent (as previously amended, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367022000052/0001373670-22-000052-index.htm

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