---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-026533"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2025-05-19T23:59:59+00:00"
generated_at: "2026-05-21T02:38:16.366445+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lennar enters $1.61B delayed draw term loan and issues $700M of 5.200% Senior Notes due 2030

## Summary
- Delayed draw term loan of up to $1.61B with $500M accordion feature; proceeds for working capital and general corporate purposes.
- Settled offering of $700M of 5.200% Senior Notes due 2030 on May 19, 2025; net proceeds for general corporate purposes including debt repayment.
- Credit facility lenders include Truist, JPMorgan, BBVA, BofA, Goldman Sachs, Wells Fargo; notes underwritten by multiple banks.
- Certain homebuilding subsidiaries guarantee the term loan; notes guaranteed by certain subsidiaries.

## SEC filing metadata
- accession: 0001628280-25-026533
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2025-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000162828025026533/0001628280-25-026533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000162828025026533/len-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-026533
- JSON: https://secwatch.observer/filing/0001628280-25-026533.json
- Plain text: https://secwatch.observer/filing/0001628280-25-026533.txt

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