Toll Brothers amends $2.35 billion revolver, extends maturity to February 2031
Toll Brothers amended its $2.35 billion senior unsecured revolving credit agreement and its $650 million term loan agreement on February 5, 2026. The revolver's commitments rose to $2.375 billion and its maturity moved from February 7, 2030 to February 5, 2031, while the term loan's maturity was extended for $548,437,500 of outstanding loans. The amendments also removed the ten basis point SOFR credit spread adjustment, a routine change to borrowing terms that does not alter reported results in the filing.
Key points
- Revolving credit commitments increased from $2.35 billion to $2.375 billion
- Revolver maturity extended from February 7, 2030 to February 5, 2031
- $548,437,500 of term loan maturity extended to February 5, 2031; $101,562,500 remains due February 7, 2030
- SOFR credit spread adjustment of ten basis points removed from the revolver and substantially all term loans
The filing
Written by AI on Nov 8, 2026, 1:12 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 February 05, 2026.
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.