Credit line extended; PNC unit is agent.

HUNTINGDON VALLEY, Pa. -- A housing construction company said its $150 million unsecured credit line, for which a PNC Financial Corp. unit is the agent, was extended a year.

The extension for Toll Brothers Inc. is to Oct. 31, 1993; terms of the facility included provision for a one-year extension.

Provident National Bank, Philadelphia, is the agent.

Toll Brothers said the facility had $22.3 million in outstanding loans and about $40 million in letters of credit issued. The company had cash and short-term marketable securities totaling $65 million, it said.

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