FORM 8-K
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LGI HOMES, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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001-36126
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46-3088013
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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Item 1.01
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Entry into a Material Definitive Agreement.
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Item 2.03
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Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
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Item 9.01
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Financial Statements and Exhibits.
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Dated: October 23, 2018
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LGI HOMES, INC.
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By:
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/s/ Eric Lipar
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Eric Lipar
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Chief Executive Officer and Chairman of the Board
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BORROWER
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LGI HOMES, INC.
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a Delaware corporation
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By:
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/s/ Eric T. Lipar
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Name:
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Eric T. Lipar
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Title:
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Chief Executive Officer
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ADMINISTRATIVE AGENT
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WELLS FARGO BANK, NATIONAL
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ASSOCIATION,
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as Administrative Agent
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By:
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/s/ Kim Renee Funches
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Name:
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Kim Renee Funches
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Title:
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Senior Vice President
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INCREASING LENDER
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WELLS FARGO BANK, NATIONAL
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ASSOCIATION,
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as an Increasing Lender
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By:
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/s/ Kim Renee Funches
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Name:
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Kim Renee Funches
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Title:
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Senior Vice President
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FIFTH THIRD BANK
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By:
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/s/ Shane Lowe
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Name:
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Shane Lowe
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Title:
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Vice President
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DEUTSCHE BANK AG NEW YORK BRANCH
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By:
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/s/ Maria Guinchard
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Name:
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Maria Guinchard
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Title:
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Vice President
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By:
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/s/ Marguerite Sutton
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Name:
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Marguerite Sutton
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Title:
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Vice President
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COMPASS BANK
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By:
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/s/ Brock Tautenhahn
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Name:
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Brock Tautenhahn
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Title:
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Senior Vice President
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ACADEMY BANK, N.A.
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By:
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/s/ Jason Hilpipre
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Name:
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Jason Hilpipre
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Title:
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Vice President
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FLAGSTAR BANK, FSB
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By:
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/s/ Jerry C. Schillaci
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Name:
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Jerry C. Schillaci
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Title:
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Vice President
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ZB, N.A. DBA AMEGY BANK
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By:
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/s/ Eric Wojner
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Name:
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Eric Wojner
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Title:
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Senior Vice President
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SUNFLOWER BANK, N.A.
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By:
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/s/ Todd Wherry
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Name:
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Todd Wherry
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Title:
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Senior Vice President
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ASSOCIATED BANK, NATIONAL
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ASSOCIATION,
a national banking association
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By:
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/s/ Andrew Roberts
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Name:
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Andrew Roberts
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Title:
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Vice President
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U.S. BANK NATIONAL ASSOCIATION d/b/a
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HOUSING CAPITAL COMPANY
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By:
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/s/ Alyssa Pratka
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Name:
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Alyssa Pratka
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Title:
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Vice President
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BMO HARRIS BANK N.A.
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By:
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/s/ Michael M. Mattick
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Name:
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Michael M. Mattick
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Title:
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Vice President
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BANK OF AMERICA, N.A.
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By:
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/s/ Michael J. Kauffman
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Name:
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Michael J. Kauffman
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Title:
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Vice President
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LENDER
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INCREASE ALLOCATION
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COMMITMENT
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PRO-RATA SHARE
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WELLS FARGO BANK, NATIONAL ASSOCIATION
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$7,850,000.00
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$63,050,000.00
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12.61%
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FIFTH THIRD BANK
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$7,850,000.00
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$63,050,000.00
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12.61%
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U.S. BANK NATIONAL ASSOCIATION D/B/A HOUSING CAPITAL COMPANY
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$6,600,000.00
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$51,600,000.00
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10.32%
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BANK OF AMERICA, N.A.
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$4,350,000.00
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$34,350,000.00
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6.87%
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BBVA COMPASS
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$4,350,000.00
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$34,350,000.00
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6.87%
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BMO HARRIS BANK N.A.
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$4,350,000.00
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$34,350,000.00
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6.87%
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FLAGSTAR BANK, FSB
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$4,350,000.00
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$34,350,000.00
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6.87%
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TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
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$—
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$30,000,000.00
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6%
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DEUTSCHE BANK AG
NEW YORK BRANCH
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$3,000,000.00
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$30,000,000.00
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6%
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ZB, N.A. DBA AMEGY BANK.
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$3,500,000.00
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$27,500,000.00
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5.5%
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CADENCE BANK, N.A.
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$—
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$18,000,000.00
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3.6%
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CHANG HWA COMMERCIAL BANK, LTD., New York Branch
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$—
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$15,000,000.00
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3%
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ASSOCIATED BANK, NATIONAL ASSOCIATION
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$1,300,000.00
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$13,300,000.00
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2.66%
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BANK OF TAIWAN, NEW YORK BRANCH
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$—
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$12,000,000.00
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2.4%
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TAIWAN COOPERATIVE BANK, LTD., acting through its Los Angeles Branch
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$—
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$12,000,000.00
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2.4%
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TAIWAN BUSINESS BANK, LOS ANGELES BRANCH
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$—
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$11,250,000.00
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2.25%
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ACADEMY BANK, N.A.
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$1,250,000.00
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$8,600,000.00
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1.72%
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SUNFLOWER BANK, N.A.
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$1,250,000.00
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$7,250,000.00
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1.45%
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TOTALS
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$50,000,000.00
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$500,000,000.00
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100%
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By:
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LGI Homes Group, LLC,
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its Manager
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By:
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/s/ Eric T. Lipar
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Name:
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Eric T. Lipar
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Title:
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Manager
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LGI HOMES - NEVADA, LLC
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By:
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/s/ Eric T. Lipar
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Name:
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Eric T. Lipar
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Title:
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Authorized Signatory
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RIVERCHASE ESTATES PARTNERS, LLC
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By:
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LGI Homes Group, LLC,
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its Sole Member
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By:
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/s/ Eric T. Lipar
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Name:
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Eric T. Lipar
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Title:
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Manager
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LGI HOMES GROUP, LLC
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By:
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/s/ Eric T. Lipar
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Name:
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Eric T. Lipar
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Title:
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Manager
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