$LEN: Lennar Expands Credit Facility to $3.795B and Extends Maturity to 2031

$LEN

$LEN – Lennar Expands Credit Facility to $3.795B and Extends Maturity to 2031

LENNAR CORP /NEW/

2026-10-29 00:00:00 UTC · SEC_8K · All $LEN

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Lennar entered into an amended credit agreement increasing aggregate commitments to $3.795 billion.
Extended maturity of $3.545 billion in Class A commitments from November 2029 to November 2031.
Removed the 0.10% credit spread adjustment on SOFR loans, improving borrowing terms.