LGI Homes Announces Private Offering of $400 Million of Unsecured Senior Notes due 2032
LGI Homes, Inc. (LGIH)
Last lgi homes, inc. earnings: 2/25 07:00 am
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US:NASDAQ Investor Relations:
investor.lgihomes.com/investor-relations
Company Research
Source: GlobeNewswire
THE WOODLANDS, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has commenced a private offering (the “Offering”) of $400 million aggregate principal amount of unsecured Senior Notes due 2032 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The timing of pricing and terms of the Notes are subject to market conditions and other factors. The Notes are expected to be initially guaranteed, jointly and severally, on a senior unsecured basis by the Company’s subsidiaries that guarantee the Company’s obligations under its revolving credit facility. The Company intends to use the net proceeds from the Offering to repay a portion of the outstanding borrowings under its
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LGIH
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LGIH
Earnings
- 11/5/24 - Beat
LGIH
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- LGIH's page on the SEC website