D.R. Horton increases unsecured revolver amount to $600 million

By Sara Rosenberg

New York, Nov. 1 - D.R. Horton Inc. increased its senior unsecured revolving credit facility to $600 million, according to a news release.

The facility has a $400 million accordion feature.

Royal Bank of Scotland is the administrative agent on the deal.

The upsizing was raised through commitments from five banks: Citibank; Deutsche Bank Trust Co. Americas; JPMorgan Chase Bank; UBS AG; and Wells Fargo Bank.

D.R. Horton is a Fort Worth, Texas-based homebuilder.

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