trending Market Intelligence /marketintelligence/en/news-insights/trending/fnWHnf0m1ZtQ62pmhFu8BA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

PulteGroup unit amends repurchase agreement to extend termination date

Credit Analytics Case Study Poundworld Retail Ltd


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

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

PulteGroup unit amends repurchase agreement to extend termination date

Homebuilder PulteGroup Inc.'s Pulte Mortgage LLC unit amended and restated a master repurchase agreement to extend the termination date to July 30, 2020, among other changes.

The amendment also adjusts the maximum aggregate commitment to $190 million from Aug. 1 through and including Sept. 25; to $260 million from Sept. 26 through and including Oct. 10; to $190 million from Oct. 11 through and including Dec. 25; to $375 million from Dec. 26 through and including Jan. 13, 2020; to $190 million from Jan. 14, 2020, through and including March 25, 2020; and to $270 million from March 26, 2020, through and including July 30, 2020.

The amendment also lowers the daily adjusting London interbank offered rate to 1.80%, while the facility fee requirement drops to 0.12% per year.

Comerica Bank was the agent, lead arranger and a buyer, along with BMO Harris Bank NA and Branch Banking and Trust Co.