Smith Douglas Homes Corp. Amends Credit Agreement, Expands Revolving Commitments to $325 Million

Reuters

05-22

<a href="https://laohu8.com/S/SDHC">Smith Douglas Homes Corp.</a> Amends Credit Agreement, Expands Revolving Commitments to $325 Million

Smith Douglas Homes Corp. has announced an amendment to its existing corporate loan agreement with Wells Fargo Bank and other financial institutions. On May 15, 2025, Smith Douglas Holdings LLC and its subsidiaries finalized the First Amendment to the Amended and Restated Credit Agreement. This amendment increases the total revolving commitments to $325 million, extends the loan maturity date to May 15, 2029, and revises certain financial covenants to provide greater borrowing flexibility. The amendment aims to enhance the financial resources available to Smith Douglas Homes Corp., allowing for more dynamic financial planning and operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smith Douglas Homes Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001982518-25-000026), on May 21, 2025, and is solely responsible for the information contained therein.

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Amends Credit Agreement, Expands Revolving Commitments to $325 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SDHC\">Smith Douglas Homes Corp.</a> Amends Credit Agreement, Expands Revolving Commitments to $325 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Smith Douglas Homes Corp. has announced an amendment to its existing corporate loan agreement with Wells Fargo Bank and other financial institutions. On May 15, 2025, Smith Douglas Holdings LLC and its subsidiaries finalized the First Amendment to the Amended and Restated Credit Agreement. 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ID: 0001982518-25-000026), on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL9cknpd:1","article_id":"2537598179","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537598179","pubTimestamp":1747858087,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Smith Douglas Homes Corp. has announced an amendment to its existing corporate loan agreement with Wells Fargo Bank and other financial institutions. 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