Homebhuilder D.R. Horton, Inc. (DHI) said Wednesday that it has priced a registered underwritten public offering of $350 million aggregate principal amount of 4.750% senior notes due 2017.
The company said earlier Wednesday that it plans to offer to offer and sell about $300 million in aggregate principal amount of senior unsecured notes.
The senior notes will pay interest semi-annually at a rate of 4.750% per year and will mature on May 15, 2017.
The closing of the offering is expected to occur on May 1.
D.R. Horton will use the net proceeds of the offering for general corporate purposes.
Citigroup Global Markets Inc., J.P. Morgan Securities LLC and UBS Securities LLC acted as joint book-running managers for the senior notes offering.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.