Meritage Homes Expands Credit Facility to $980 Million, Adds $1.47 Billion Accordion, Extends to 2031
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Meritage Homes entered into the Twelfth Amendment to its Amended and Restated Credit Agreement to enhance liquidity and flexibility. The amendment increases the revolving credit facility to $980.0 million, adds an accordion feature permitting upsizing to $1.470 billion subject to conditions, extends the maturity to June 24, 2031, and revises the adjusted SOFR rate. Management expects the changes to support ongoing operations and strategic initiatives.
Agreement details:
- Agreement type: Amendment to revolving credit facility
- Signed / Effective: Jun 24 2026 / same
- Duration / Termination: Through Jun 24 2031
- Reason: Increase liquidity and extend maturities
Original SEC Filing: Meritage Homes CORP [ MTH ] - 8-K - Jun. 29, 2026
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