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PHM PulteGroup Inc

116.64
2.79 (2.45%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PulteGroup Inc NYSE:PHM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.79 2.45% 116.64 120.74 116.59 117.62 1,874,677 01:00:00

Current Report Filing (8-k)

29/06/2016 4:52pm

Edgar (US Regulatory)






UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): June 24, 2016


PULTEGROUP, INC.
(Exact name of registrant as specified in its Charter)

Michigan
1-9804
38-2766606
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)


3350 Peachtree Road NE, Suite 150, Atlanta, Georgia 30326
(Address of principal executive offices) (Zip Code)


Registrant's telephone number, including area code (404) 978-6400


____________________________________________________
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

_      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

_      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

_      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

_      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))












ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On June 24, 2016, Pulte Mortgage LLC (“Pulte Mortgage”), a wholly-owned subsidiary of PulteGroup, Inc., entered into the Second Amendment (the “Amendment”) to its Amended and Restated Master Repurchase Agreement ("Repurchase Agreement") with Comerica Bank, as Agent and representative of itself as a Buyer and the other Buyers ("Agent"), and the other Buyers listed therein. The Amendment accelerates the date of the borrowing capacity increase of $175 million to $200 million from July 29, 2016 to June 27, 2016 and is effective through to the date of termination of the Repurchase Agreement on September 2, 2016.

A copy of the Amendment is attached as Exhibit 10.1 hereto and is herein incorporated by reference. The above referenced summary of the material terms of the Repurchase Agreement is qualified in its entirety by reference to Exhibit 10.1.


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d)         Exhibits

10.1 Second Amendment to Amended and Restated Master Repurchase Agreement dated June 24, 2016.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                                
 
 
 
PULTEGROUP, INC.
 
 
 
 
 
 
 
 
 
 
 
 
Date:
June 29, 2016
 
By:
/s/ Steven M. Cook
 
 
 
 
Name:
Steven M. Cook
 
 
 
 
Title:
Executive Vice President, Chief Legal Officer, and Corporate Secretary
 
 
 
 
 
 
 
 
 
 
 
 





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