debt
confidence high
sentiment neutral
materiality 0.50
LGI Homes launches $400M private offering of Senior Notes due 2028
LGI Homes, Inc.
- $400M aggregate principal amount of unsecured Senior Notes due 2028 offered to QIBs and non-U.S. persons.
- Net proceeds will be used to repay a portion of outstanding borrowings under its revolving credit facility.
- Notes are guaranteed on a senior unsecured basis by subsidiaries that guarantee the revolver.
- Pricing and final terms subject to market conditions; offering not registered under Securities Act.