dhi-20231010

Delaware

1-14122

75-2386963

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

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 (see General Instruction A.2. below):


☐			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))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol

Name of Each Exchange on Which Registered

Common Stock, par value $.01 per share

DHI

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Effective October 10, 2023, DRH Rental, Inc. (“DRH Rental”), a wholly-owned subsidiary of D.R. Horton, Inc., Mizuho Bank, Ltd., as Administrative Agent, and the Lenders named therein entered into Amendment No. 1 (the "Amendment No. 1") to the Credit Agreement dated as of March 4, 2022 (as so amended, the “Credit Agreement”) with respect to its $1.025 billion senior unsecured revolving credit facility (the “Credit Facility”).

Pursuant to the terms of Amendment No. 1, the Administrative Agent and the Lenders party thereto agreed to extend the Termination Date to October 10, 2027 and to increase the Credit Agreement's accordion feature to permit the Aggregate Credit Facility Limit to be increased up to $2.0 billion, subject to certain conditions and availability of bank commitments.

Subject to terms and exceptions set forth in the Credit Agreement, DRH Rental’s material wholly-owned subsidiaries act as guarantors of the Credit Facility. Amounts outstanding under the Credit Facility are not guaranteed by D.R. Horton, Inc. or any of the subsidiaries that guarantee the debt of its homebuilding, Forestar or financial services operations.

The description and terms of Amendment No. 1 provided herein are qualified in their entirety by reference to the full and complete terms contained in Amendment No. 1, which is attached to this Form 8-K as Exhibit 10.1 and incorporated by reference herein. Capitalized terms not defined herein are defined in Amendment No. 1 or as provided therein.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

All the information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.

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.

D.R. Horton, Inc.

Date:

October 12, 2023

By:

/S/ BILL W. WHEAT

Bill W. Wheat

Executive Vice President and

Chief Financial Officer


(d)	Exhibits
	10.1	Amendment No. 1 to Credit Agreement, dated October 10, 2023, among DRH Rental, Inc., Mizuho Bank, Ltd., as Administrative Agent, and the Lenders party thereto.
	104	Cover Page Interactive Data File (embedded within the Inline XBRL document contained in Exhibit 101).