debt
confidence high
sentiment neutral
materiality 0.55
Century Communities launches $500M senior notes offering due 2033, conditional redemption of 2027 notes
Century Communities, Inc.
- Private offering of $500M aggregate principal amount of new Senior Notes due 2033 launched.
- Conditional redemption of all $500M outstanding 6.750% Senior Notes due 2027 on Oct 3, 2025, at par plus accrued interest.
- Redemption conditioned on successful completion of the new notes offering; use proceeds plus cash on hand.
- New notes expected to be guaranteed on an unsecured senior basis by certain domestic subsidiaries.
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