NYSE:DHIConsumer Durables
D.R. Horton Expands Credit Capacity As Valuation And Momentum Diverge
D.R. Horton amended and expanded its primary credit facilities, lifting total capacity to $4b.
The company extended maturities on these facilities, with certain lines now running through 2031.
The changes affect D.R. Horton’s core liquidity resources and the terms under its main credit agreements.
For investors tracking NYSE:DHI, this credit move comes with the stock trading around $138.25 and showing mixed recent performance. Shares are roughly 46.2% higher over 3 years and 57.7% over 5...