
Taylor Morrison Secures New $1 Billion Revolving Credit Facility

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Taylor Morrison Communities, Inc. has amended its revolving credit agreement, securing a $1 billion unsecured revolving loan facility with an additional $400 million option and a five-year maturity. The agreement includes interest rates tied to capitalization ratio and investment-grade ratings, financial covenants, and maintains liquidity and leverage discipline. Analysts rate TMHC stock as a Buy with a $70.00 price target, supported by strong financial performance and strategic focus on cost management and innovation.
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