Dominion Homes amends loan, allowing for excess borrowings

By Sara Rosenberg

New York, Sept. 17 - Dominion Homes, Inc. amended its credit facility, allowing for the borrowing of up to $2 million in excess of the borrowing base limitation, provided that those borrowings are paid in full as of Sept. 28, according to an 8-K filed with the Securities and Exchange Commission Monday.

Huntington National Bank is the administrative agent on the deal and Silver Point Finance is the senior administrative agent.

The amendment is effective as of Sept. 11.

Dominion is a Dublin, Ohio-based provider of single-family homes.

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