secwatch / observer
8-K filed July 25, 2023, 7:59 PM ET ticker DFH CIK 0001825088
debt confidence high sentiment neutral materiality 0.65

Dream Finders Homes, Inc. (DFH): debt financing — Dream Finders Homes expands revolving credit facility to $1.24B, extends maturity to July 2026

Dream Finders Homes, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Dream Finders Homes, Inc. amended revolving credit of $1.240 billion with Bank of America, N.A. at Base Rate plus credit spreads of 1.50% to 2.30% or Term SOFR Rate plus credit sp maturing July 17, 2026.

Instrument
revolving credit
Principal
$1.240 billion
Counterparty
Bank of America, N.A.
Rate
Base Rate plus credit spreads of 1.50% to 2.30% or Term SOFR Rate plus credit sp
Maturity
July 17, 2026
Event
amendment
Exact text from the filing
as administrative agent. The Amendments, among other things, (i) provide for an increase in the aggregate commitments under the revolving credit facility from $1.075 billion to $1.240 billion, subject to a borrowing base; (ii) extend the maturity date from June 2, 2025 to July 17, 2026 for certain new and existing lenders comprising $1.085 billion of the $1.240
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Dream Finders Homes, Inc. amended Second Amendment and a Third Amendment with Bank of America, N.A. valued at $1.240 billion (effective 2023-07-19).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A.
Value
$1.240 billion
Effective
2023-07-19
Exact text from the filing
On July 19, 2023, Dream Finders Homes, Inc., a Delaware corporation (the “Company”), entered into a Second Amendment and a Third Amendment (collectively, the “Amendments”) to its Amended and Restated Credit Agreement dated as of June 2, 2022 (as amended, the “Credit Agreement”).
View on SEC.gov

Browse all debt financings →

Dream Finders Homes, Inc. filing history →

Source: SEC EDGAR
accession 0001825088-23-000044
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.