TRI PointeGroup Inc. partially exercised the accordion feature under itsexisting unsecured revolving credit facility to increase the total commitmentsunder the facility to $625 million from $550 million.
The option was exercised with U.S. Bank NA d/b/a HousingCapital Co. and the other lenders party to the facility.
The maturity date for all amounts borrowed under thefacility is May 18, 2019, the company said in a filing, adding that all otherterms, conditions or covenants of the facility remain unchanged.