Green Brick extends credit facility to Dec 2028, authorizes $150M buyback

Green Brick Partners, Inc.

Thirteenth Amendment reduces SOFR spread, extends maturity to Dec 14, 2028; total revolver remains $330M.
Board authorized new $150M share repurchase program; no deadline, starts after prior $100M program exhausted.
Flagstar Bank provided $20M new commitment; other lenders extended commitments totaling $310M.
Certain subsidiary guarantors released as they no longer qualify as Significant Subsidiaries.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Green Brick Partners, Inc. amended Thirteenth Amendment with Flagstar Bank, N.A., as administrative agent valued at $330 million (effective 2025-12-10).

Action: amendment
Agreement: credit facility
Counterparty: Flagstar Bank, N.A., as administrative agent
Value: $330 million
Effective: 2025-12-10

Exact text from the filing

On December 10, 2025, Green Brick Partners, Inc., a Delaware corporation (the “Company”), as borrower, entered into the Thirteenth Amendment (the “Thirteenth Amendment”) to the Credit Agreement, with the lenders named therein and Flagstar Bank, N.A., as administrative agent (as previously amended, the “Credit Agreement”).

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Green Brick Partners, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-057409

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