debt
confidence high
sentiment neutral
materiality 0.50
Lennar settles $600M note offering: $300M 5.700% senior notes due 2029, $300M 5.950% due 2032
LENNAR CORP /NEW/
- Settled on October 15, 2026: $300M aggregate principal of 5.700% Senior Notes due 2029 and $300M of 5.950% Senior Notes due 2032.
- Notes are guaranteed by certain direct or indirect wholly owned Lennar subsidiaries listed on Schedule II of the underwriting agreement.
- Underwriters represented by BBVA Securities, BofA Securities, Goldman Sachs, J.P. Morgan, Mizuho, Truist and Wells Fargo; agreement dated October 13, 2026.
- Net proceeds intended for general corporate purposes; issued under Sixteenth and Seventeenth Supplemental Indentures with BNY Mellon as trustee.
- Sale registered under Form S-3 (File No. 333-294985); prospectus supplement dated October 13, 2026.