secwatch.observer — SEC 8-K summary
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Issuer:     Forestar Group Inc. (FOR)
CIK:        0001406587
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001193125-25-054826
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forestar Group issues $500M 6.5% senior notes due 2033, completes tender offer for 2026 notes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1406587/000119312525054826/0001193125-25-054826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1406587/000119312525054826/d937355d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-054826

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