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Stock impact report

Beazer Homes Announces Expansion of Revolving Credit Facility to $525 million

Beazer Homes USA, Inc. (BZH) 
Last beazer homes usa, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.beazer.com/investor-overview
Company Research Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Beazer Homes USA, Inc. (the “Company”) (NYSE: BZH) announced that it has entered into a third amendment to its existing senior unsecured revolving credit facility (“Credit Facility”) that increased the available aggregate commitment amount by $160 million to $525 million. The amendment also extends the maturity date of the Credit Facility from March 15, 2028 to March 13, 2030.The amendment to the Credit Facility was arranged by JP Morgan Chase Bank, N.A., Royal Bank of Canada, Truist Securities, Inc. and Regions Capital Markets, a division of Regions Bank. Royal Bank of Canada, Truist Bank and Regions Bank served as Syndication Agents, and JP Morgan Chase Bank, N.A., as Administrative Agent.“We continue to execute our differentiated product strategy and progress toward achieving our Multi-Year Goals for growing community count, de-leveraging, and increasing book value per share,” said David Goldberg, Senior Vice President and Chief Financial Officer. “The Show less Read more
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