secwatch.observer — SEC 8-K summary
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Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2026-10-14T20:23:00+00:00
Accession:  0001580670-26-000080
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

LGI Homes amends credit facility: $1.166B revolver, maturity extended to Oct 9, 2030
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- Seventh Amendment to Fifth Amended and Restated Credit Agreement signed Oct 9, 2026 with Wells Fargo Bank, N.A. as administrative agent.
- Aggregate revolving commitments of ~$1.166B plus a $175M incremental facility; $855M (73.3%) now matures Oct 9, 2030.
- Remaining tranches mature April 28, 2029 (18.4% of commitments) and April 28, 2028 (8.3%).
- Amendment modifies borrowing base values and certain financial and other covenants; no Default or Event of Default exists.
- Term SOFR Adjustment would be eliminated upon lender consent, with a CSA elimination period through Feb 9, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000080/0001580670-26-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067026000080/lgih-20261009.htm
  HTML page:      https://secwatch.observer/filing/0001580670-26-000080

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