Toll Brothers extends $2.35 billion revolver and $650 million term loan to 2030
Toll Brothers extended the maturity dates of its revolving credit facility and its $650 million term loan to February 7, 2030, and increased the revolver's total commitments from $1.955 billion to $2.35 billion. The filing describes these as changes made under the existing terms of the agreements, with no other provisions modified, which gives the company longer-dated borrowing capacity.
Key points
- Revolving credit agreement maturity extended from February 14, 2028 to February 7, 2030
- Revolving commitments increased from $1.955 billion to $2.35 billion
- All $650 million of outstanding term loan maturities extended to February 7, 2030
- Registrant and substantially all 100% owned home building subsidiaries guarantee both facilities
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits 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 February 11, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.