RTTNews | Dec 29, 2020 06:19AM EST

06:18 Tuesday, December 29, 2020 (RTTNews.com) - M.D.C. Holdings, Inc. (MDC) has increased the aggregate commitment under its existing $1.0 billion unsecured revolving credit facility to $1.2 billion and extended the facility's maturity of $1.125 billion of the facility commitments to December 18, 2025 with the remaining commitment continuing to terminate on December 18, 2023.

M.D.C. Holdings noted that the facility permits an increase in the maximum commitment amount to as much as $1.7 billion upon the company's request. A total of ten lenders are participating in the facility.

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