MDC Holdings Inc., a Denver-based home builder and mortgage lender, has had its unsecured credit facility increased by $125 million to $300 million.In addition, the term on the facility was extended by two years and now will expire on June 30, 2003. Paris G. Reece III, MDC's senior vice president and chief financial officer, said the modifications "reflect the strength of our balance sheet, as well as our lending banks' recognition of continued improvement in the operating results of our home building and mortgage lending operations."
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