---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-24-000043"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2024-10-11T23:59:59+00:00"
generated_at: "2026-05-30T15:25:34.158056+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# LGI Homes amends credit facility: extends maturities and loosens speculative inventory covenant

## Summary
- Extended maturity on $1.085B (90% of commitments) to April 28, 2028; $120M matures April 28, 2025.
- Speculative+model housing unit cap raised from 50% to 65% of greater of 6-month annualized or 12-month closings.
- Amendment dated October 9, 2024; effective as of September 30, 2024 for inventory covenant change.
- Non-extending lenders include BMO, PNC, Chang Hwa, Bank of Taiwan, Hua Nan, Mega, Taiwan Coop, Hancock Whitney.
- Borrower reaffirmed no defaults, no offsets; subsidiary guarantors consented.

## SEC filing metadata
- accession: 0001580670-24-000043
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2024-10-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- 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/1580670/000158067024000043/0001580670-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067024000043/lgih-20241009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-24-000043
- JSON: https://secwatch.observer/filing/0001580670-24-000043.json
- Plain text: https://secwatch.observer/filing/0001580670-24-000043.txt

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