trending Market Intelligence /marketintelligence/en/news-insights/trending/K3HX9riU31rypxYGUbsXeg2 content esgSubNav
In This List

D.R. Horton unit expands repurchase facility to $800M

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


D.R. Horton unit expands repurchase facility to $800M

D.R. HortonInc. unit DHI Mortgage Co. Ltd. amended its existing repurchasefacility to boost themaximum aggregate commitment amount to $800 million.

Accordingly, the committed sums available under the facilityare expanded to $700 million from Sept. 23 to Nov. 21, after which thecommitted sums will be $550 million during the last five days of any fiscalquarter and the first 25 days of the succeeding fiscal quarter.

D.R. Horton or any of its subsidiaries that guaranteehomebuilding debt do not guarantee the amounts outstanding under the facility.

U.S. Bank NA serves as a buyer and administrative agentunder the facility.