---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-23-000100"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2023-11-20T23:59:59+00:00"
generated_at: "2026-06-07T23:21:42.384913+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Issued $400M aggregate principal amount of 8.750% Senior Notes due 2028.
- Notes are senior unsecured, guaranteed by certain subsidiaries.
- Net proceeds will repay a portion of outstanding borrowings under revolving credit facility.
- Offering expected to close November 21, 2023, subject to customary conditions.
- Notes sold under Rule 144A/Regulation S; not registered under Securities Act.

## SEC filing metadata
- accession: 0001580670-23-000100
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2023-11-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580670/000158067023000100/0001580670-23-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067023000100/lgih-20231117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-23-000100
- JSON: https://secwatch.observer/filing/0001580670-23-000100.json
- Plain text: https://secwatch.observer/filing/0001580670-23-000100.txt

## Key facts
- Material Agreements
  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
  source text: 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”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580670/000158067023000100/0001580670-23-000100-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.