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Published on 8/19/2021 in the Prospect News Bank Loan Daily.

Brookfield Residential extends $675 million revolver through 2025

By Wendy Van Sickle

Columbus, Ohio, Aug. 19 – Brookfield Residential Properties Inc. and Brookfield Residential US LLC amended and extended their unsecured revolving credit facility, according to a news release.

The North American unsecured revolver remained at $675 million and was extended through August 2025.

The Calgary, Alta.-based home builder plans to use the proceeds to repay bond debt.


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