M.D.C. Holdings Inc., a Denver-based home builder and mortgage lender, has renewed its $600 million unsecured credit facility, increasing the total commitment amount to $700 million with an option to expand it to $850 million under certain circumstances.In addition, the term on the facility was extended to April 7, 2009. The lead arranger and sole book manager for the facility is Bank One Capital Markets Inc., and 15 other lenders are participating in the facility, the company said.
MDC Boosts Credit Facility
April 13, 2004, 2:00 p.m. EDT 1 Min Read
