Lennar increases revolving credit facility commitments to $3.8 billion
LEN•Lennar increased its revolving credit facility commitments to $3.8 billion on October 26, 2026. Potential revolving borrowing capacity rose to $4.55 billion, including a $750 million accordion subject to additional commitments.
1. Credit facility terms
Lennar extended the maturity of $3.55 billion in Class A commitments to November 2031 from November 2029. It also added a $40 million delayed draw term loan, bringing outstanding term loans to $1.75 billion, with $360 million remaining under the accordion; the loans mature in May 2028, with a conditional one-time option to extend to May 2029.
