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AI brief of an SEC Form 8-K · Green Brick Partners (GRBK)

Green Brick Partners amends credit facility, raising commitments to $330 million

Positive Impact 3 of 5 financing Written later

Green Brick Partners signed a Twelfth Amendment to its credit agreement with Flagstar Bank, N.A. as administrative agent, effective December 13, 2024. The amendment lowers interest rate and non-use fees under a leverage-based pricing grid, increases total commitments to $330 million, and extends maturity of all commitments to December 14, 2027.

Key points

  • Total commitments rise to $330 million after one lender with a $25 million commitment was removed and $30 million in new commitments were added.
  • Interest rate and non-use fee reductions apply under a new leverage-based pricing grid.
  • All commitment maturities are extended to December 14, 2027; other material terms are unchanged.

The filing

CompanyGreen Brick Partners (GRBK)
Form8-K, current report
Filed with the SECDec 18, 2024, 5:10 PM ET
Accession number0001373670-24-000090

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.