Century Communities ups revolving credit facility commitments to $1.2 billion under amended agreement

• Century Communities entered a first amendment on Sept. 30, 2026 to its Nov. 1, 2024 credit agreement.
• Aggregate lender commitments increased to $1.2 billion; Flagstar Bank and Morgan Stanley Senior Funding joined as new lenders.
• Facility termination extended to Nov. 1, 2030 for extending lenders; BMO Bank designated a non-extending lender.
• Amendment removed the 0.10% credit spread adjustment for SOFR-based borrowings.
• Tangible net worth covenant reset to at least about $1.77 billion, with incremental add-backs tied to equity proceeds and net income.

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