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New Home ups credit facility to $260M

New Home CompanyInc. increased the total commitment under its existing senior unsecuredrevolving credit facility to $260 million from$200 million.

It also moved the maturity date back by one year to April 30,2019.

The facility includes an accordion feature that allows the companyto expand the total commitment up to $350 million, subject to the availability oflender commitments.

The lending group includes U.S. Bank NA d/b/a Housing CapitalCo. as administrative agent and lead arranger, Citibank NA, Credit Suisse AG, Bankof the West, JP Morgan Chase Bank NA, ZB NA d/b/a California Bank & Trust andCity National Bank.