AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryThe 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.
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.
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.
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-writtenAnalysis 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.
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