Forestar Group Inc. (FOR): debt financing — Forestar Group issues $500M 6.5% senior notes due 2033, completes tender offer for 2026 notes

Forestar Group Inc.

Issued $500M aggregate principal of 6.500% Senior Notes due 2033; priced at par, interest payable semi-annually from Sep 15, 2025.
Notes are senior unsecured, guaranteed by restricted subsidiaries; proceeds partly used to fund tender offer for 3.850% 2026 notes.
Tender offer completed: $329.434M (82.36%) of 2026 notes validly tendered and accepted for payment on March 14, 2025.
Redemption: up to 40% of notes can be redeemed at 106.5% with equity proceeds before Mar 15, 2028; make-whole premium thereafter.
Indenture includes change-of-control put at 101%, liens and merger covenants, and standard events of default.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Forestar Group Inc. incurred senior notes of $500 million with U.S. Bank Trust Company, National Association at 6.500% per annum maturing March 15, 2033.

Instrument: senior notes
Principal: $500 million
Counterparty: U.S. Bank Trust Company, National Association
Rate: 6.500% per annum
Maturity: March 15, 2033
Event: incurrence

Exact text from the filing

completed an offering (the “Offering”) of $500 million in aggregate principal amount of its 6.500% Senior Notes due 2033

View on SEC.gov

Browse all debt financings →

Forestar Group Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-054826

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.