KB Home expects to get up to $200 million unsecured credit facility

By Sara Rosenberg

New York, Jan. 22 - KB Home is seeking an up to $200 million unsecured revolving credit facility, according to a news release.

The revolver would have the option to potentially be increased to up to $300 million.

Citigroup Global Markets Inc. is the lead bank on the deal.

Commitments from several financial institutions for the revolver have already been obtained, the release added.

KB Home is a Los Angeles-based homebuilding company.

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