FivePoint Holdings Expands Revolving Credit Facility to $217.5 Million with Extended Maturity
Reuters
Oct 23, 2025
FivePoint Holdings Expands Revolving Credit Facility to $217.5 Million with Extended Maturity
FivePoint Holdings LLC, through its operating company, has entered into a Second Amendment and a Second Amended and Restated Credit Agreement with a syndicate of lenders led by Zions Bancorporation, N.A. The amended agreement increases the company's senior unsecured revolving credit facility from $125 million to $217.5 million, with the possibility to further increase the commitments up to $300 million, subject to lender approval. The maturity date of the facility has been extended from July 2027 to July 2029, with an option for an additional one-year extension. Any borrowings under the facility will bear interest at CME Term SOFR 1 month plus a margin based on the company's leverage ratio. No borrowings or letters of credit were outstanding as of the date of the new agreement.
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