Smith Douglas Homes Corp. has announced an amendment to its existing corporate loan agreement with Wells Fargo Bank and other financial institutions. On May 15, 2025, Smith Douglas Holdings LLC and its subsidiaries finalized the First Amendment to the Amended and Restated Credit Agreement. This amendment increases the total revolving commitments to $325 million, extends the loan maturity date to May 15, 2029, and revises certain financial covenants to provide greater borrowing flexibility. The amendment aims to enhance the financial resources available to Smith Douglas Homes Corp., allowing for more dynamic financial planning and operations.
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