D.R. Horton amends credit facility to increase size to $725 million

By Jennifer Chiou

New York, Aug. 13 - D.R. Horton Inc. entered into an amendment to its credit agreement with the Royal Bank of Scotland plc as administrative agent, adding $125 million of revolving credit commitments, according to an 8-K filing with the Securities and Exchange Commission.

This raises the total capacity to $725 million from $600 million.

The revolver has also been extended to Sept. 7, 2018, the filing stated.

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

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