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BHS > SEC Filings for BHS > Form 8-K on 26-May-2009All Recent SEC Filings

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Form 8-K for BROOKFIELD HOMES CORP

26-May-2009

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement.

Brookfield Homes Corporation (the "Company") is disclosing information under this Item as a result of a wholly-owned subsidiary of the Company, Brookfield Homes Holdings Inc. ("BHHI") entering into an agreement with an affiliate of the Company. On May 21, 2009, BHHI amended its unsecured revolving acquisition credit facility with an affiliate of the Company's major stockholder, Brookfield Asset Management Inc., in order to (i) increase the maximum available amount by $5,000,000 to $30,000,000 and (ii) provide for a repayment guarantee from a Brookfield Homes Entity holding Acquired Property. Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

99.1 Loan Agreement Amendment dated May 21, 2009.

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