Taylor Morrison Secures Amended $1 Billion Revolving Credit Facility

Reuters2025-12-23
Taylor Morrison Secures Amended $1 Billion Revolving Credit Facility

Taylor Morrison Home Corp. announced that its subsidiary, Taylor Morrison Communities, Inc., has entered into an amended and restated credit agreement with a syndicate of lenders, with Wells Fargo Bank, National Association, serving as the new administrative agent. The agreement provides for a $1 billion revolving loan facility, with an option to increase the facility by up to an additional $400 million through an uncommitted accordion feature. The credit facility, which matures five years from the closing date of December 22, 2025, is unsecured and unconditionally guaranteed by certain Taylor Morrison subsidiaries. The agreement includes customary restrictive covenants and events of default, and allows for voluntary repayment without penalty, subject to certain costs for SOFR loans.

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