Loan & DebtOct 30, 2026, 04:07 PM
Walker & Dunlop Increases Credit Facility to $150M
AI Summary
Walker & Dunlop, Inc. has amended its Amended and Restated Credit Agreement, significantly increasing its credit facilities. The amendment, effective October 26, 2026, raises revolving credit commitments from $50 million to $150 million and letter of credit commitments from $25 million to $75 million. This move is part of the company's ongoing financial strategy and involves the repayment of existing revolving credit loans prior to the amendment's effectiveness.
Key Highlights
- Walker & Dunlop increased revolving credit commitments from $50 million to $150 million.
- Letter of credit commitments were increased from $25 million to $75 million.
- The company entered into Amendment No. 1 to its Amended and Restated Credit Agreement.
- The amendment was effective as of October 26, 2026.
- Existing revolving credit loans were repaid prior to the amendment's effectiveness.
Price Impact
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