D.R. Horton Inc. (DHI) announced that it is calling all of its 5.875% Senior Notes due July 1, 2013 for full redemption on February 24, 2010. The 5.875% Senior Notes will be redeemed at a redemption price of $1,019.58 per $1 thousand principal amount of the Notes, which will result in an aggregate redemption price of approximately $96.86 million, together with accrued and unpaid semi-annual interest of $8.649 per $1 thousand principal amount of the Notes, to be paid on February 24, 2010.
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