William Lyon amends revolver, extending maturity

By Sara Rosenberg

New York, Nov. 27 - William Lyon Homes, Inc. amended its revolving credit facility, extending the maturity date to June 28, 2009, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

In addition, the amendment identifies certain additional projects, which may be included in the borrowing base as eligible collateral.

The amendment was completed on Nov. 15.

JPMorgan is the lead bank on the deal.

William Lyon is a Newport Beach, Calif., single-family homebuilder.

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