trending Market Intelligence /marketintelligence/en/news-insights/trending/C3Nm4f-QqFnpCqyDzIM7xA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

M.D.C. Holdings boosts credit facility, extends maturity

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


M.D.C. Holdings boosts credit facility, extends maturity

M.D.C. Holdings Inc. boosted the aggregate commitment under its unsecured revolving credit facility to $700 million from the existing $550 million, with an option to increase the maximum commitment amount to up to $1.25 billion, subject to conditions.

The facility's maturity was likewise extended by two years to December 2022.

U.S. Bank NA is acting as the designated agent and co-administrative agent of the facility, while Citibank NA is the co-administrative agent. SunTrust Bank and PNC Bank NA serve as co-syndication agents. Other participating lenders are Bank of the West, Regions Bank, and ZB NA doing business as Vectra Bank Colorado.