United Homes Group (UHG) has released an update to notify the public and investors about an entry into a material definitive agreement.
United Homes Group, Inc. amended its credit agreement on January 26, 2024, allowing for the addition of new subsidiary borrowers, with Rosewood Communities, Inc. joining as a borrower alongside the Company and Great Southern Homes, Inc. The amendment, facilitated by Wells Fargo Bank and other lenders, also permits the Company to make specific investments under certain conditions.
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