{"schema_version":"secwatch.filing_event.v1","accession":"0001580670-23-000106","form_type":"8-K","ticker":"LGIH","cik":"0001580670","company_name":"LGI Homes, Inc.","filed_at":"2023-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.625166+00:00","generated_at":"2026-06-07T22:39:30.792009+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"LGI Homes issues $400M of 8.750% Senior Notes due 2028","bullets":["Completed $400M offering of 8.750% Senior Notes due 2028.","Notes issued under Fourth Supplemental Indenture with Regions Bank as trustee.","Covenants limit liens, sale/leaseback, and business combinations; subject to exceptions.","Offering not registered under Securities Act; sold via private placement to qualified buyers."],"urls":{"canonical":"https://secwatch.observer/filing/0001580670-23-000106","json":"https://secwatch.observer/filing/0001580670-23-000106.json","markdown":"https://secwatch.observer/filing/0001580670-23-000106.md","text":"https://secwatch.observer/filing/0001580670-23-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000106/0001580670-23-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000106/lgih-20231121.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T22:39:30.792009+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f05ae83d13f220645d41a17f6d6190ff805012c2","claim":"LGI Homes, Inc. incurred senior notes of $400,000,000 aggregate principal amount at 8.750% maturing due 2028.","evidence_excerpt":"On November 21, 2023, LGI Homes, Inc. (the “Company”) completed an offering of $400,000,000 aggregate principal amount of its 8.750% Senior Notes due 2028 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000106/0001580670-23-000106-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400,000,000 aggregate principal amount"},{"label":"Rate","value":"8.750%"},{"label":"Maturity","value":"due 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"38a6f64df81c7545d00f1814c82ecfccaeb4f42b","claim":"LGI Homes, Inc. entered into Fourth Supplemental Indenture with Regions Bank valued at $400,000,000 aggregate principal amount of 8.750% Senior Notes due 2028 (effective 2023-11-21).","evidence_excerpt":"On November 21, 2023, LGI Homes, Inc. (the “Company”) completed an offering of $400,000,000 aggregate principal amount of its 8.750% Senior Notes due 2028 (the “Notes”). The Notes were issued pursuant to an Indenture, dated as of July 6, 2018 (the “Base Indenture”), among the Company, the potential subsidiary guarantors listed therein and Wilmington Trust, National Association, as trustee under the Base Indenture, as amended and supplemented by the Fourth Supplemental Indenture thereto, dated as of November 21, 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, the subsidiaries of the Company that guarantee the Company’s obligations under its revolving credit facility and Regions Bank, as trustee for the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000106/0001580670-23-000106-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Regions Bank"},{"label":"Value","value":"$400,000,000 aggregate principal amount of 8.750% Senior Notes due 2028"},{"label":"Effective","value":"2023-11-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}