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D.R. Horton (DHI) Expands Credit Facilities with Strategic Amendments
D.R. Horton (DHI) has strategically amended its credit agreements, significantly enhancing its financial flexibility and capacity. The homebuilder increased its Aggregate Revolving Credit Commitment to $3.295 billion and raised the Aggregate Credit Facility Limit to $4.0 billion, extending maturities and modifying interest rates. Its subsidiary, DRH Rental, Inc., also extended its $1.050 billion revolving credit facility to March 27, 2030, reflecting the company’s proactive financial management for operational and growth strategies.