secwatch / observer
8-K filed November 20, 2023, 6:59 PM ET ticker LGIH CIK 0001580670
debt confidence high sentiment neutral materiality 0.70

LGI Homes prices $400M of 8.750% Senior Notes due 2028; proceeds to repay revolver

LGI Homes, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LGI Homes, Inc. entered into Purchase Agreement with Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein valued at $400,000,000 aggregate principal amount (effective 2023-11-17).

Action
entry
Agreement
notes offering
Counterparty
Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein
Value
$400,000,000 aggregate principal amount
Effective
2023-11-17
Exact text from the filing
On November 17, 2023, LGI Homes, Inc. (the “Company”) and the subsidiaries of the Company that guarantee the Company’s obligations under its revolving credit facility (the “Subsidiary Guarantors”) entered into a Purchase Agreement (the “Purchase Agreement”) with Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), with respect to the issuance and sale by the Company of $400,000,000 aggregate principal amount of its 8.750% Senior Notes due 2028 (the “Notes”)
View on SEC.gov

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LGI Homes, Inc. filing history →

Source: SEC EDGAR
accession 0001580670-23-000100
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