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AI English summary of an SEC filing — figures as filed

D.R. Horton logoD.R. Horton DHI

The company said it entered into an underwriting agreement with the representatives of the several underwriters, and it will issue $700 million aggregate principal amount of its 5.500% Senior Notes due 2035 in an underwritten public offering on February 19, 2025.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it entered into an underwriting agreement with the representatives of the several underwriters, and it will issue $700 million aggregate principal amount of its 5.500% Senior Notes due 2035 in an underwritten public offering on February 19, 2025.

  2. The company said Mizuho Securities USA LLC, J.P. Morgan Securities LLC and TD Securities (USA) LLC are the representatives of the several underwriters in the offering.

  3. The company said the offering was registered on Form S-3 (File No. 333-280982) and that it filed a prospectus supplement on February 21, 2025 under Rule 424(b). It said the offering is expected to close on February 26, 2025, subject to customary closing conditions.

  4. The company said the Notes will be issued under an Indenture dated October 10, 2019 and a Seventh Supplemental Indenture to be dated February 26, 2025, with Truist Bank as trustee, and will be represented by two global securities.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

D.R. Horton Prices $700 million 5.500% Senior Notes Due 2035 Offering

The company said it entered into an underwriting agreement with the representatives of the several underwriters, and it will issue $700 million aggregate principal amount of its 5.500% Senior Notes due 2035 in an underwritten public offering on February 19, 2025.

Source · Based on the filing body and exhibits

Mizuho, J.P. Morgan and TD Securities Named Representatives

The company said Mizuho Securities USA LLC, J.P. Morgan Securities LLC and TD Securities (USA) LLC are the representatives of the several underwriters in the offering.

Source · Based on the filing body and exhibits

Form S-3 Registration and Closing Expected on February 26, 2025

The company said the offering was registered on Form S-3 (File No. 333-280982) and that it filed a prospectus supplement on February 21, 2025 under Rule 424(b). It said the offering is expected to close on February 26, 2025, subject to customary closing conditions.

Source · Based on the filing body and exhibits

Seventh Supplemental Indenture and Truist Bank as Trustee

The company said the Notes will be issued under an Indenture dated October 10, 2019 and a Seventh Supplemental Indenture to be dated February 26, 2025, with Truist Bank as trustee, and will be represented by two global securities.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.