secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2022-06-13T23:59:59+00:00
Accession:  0001193125-22-173012
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home prices $350M of 7.25% senior notes due 2030 to retire 7.5% notes due 2022
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- $350M aggregate principal of 7.25% senior unsecured notes due 2030 priced at 100% of par.
- Net proceeds estimated at ~$345.5M after underwriting discount and offering expenses.
- Proceeds plus cash on hand to retire outstanding 7.5% Senior Notes due 2022 via redemption or repayment.
- Closing expected June 22, 2022; joint book-runners include Citigroup, BofA, J.P. Morgan, Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000119312522173012/0001193125-22-173012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000119312522173012/d308455d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-173012

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