{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-030499","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2025-06-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.294610+00:00","generated_at":"2026-05-19T16:26:49.929971+00:00","sec_items":["1.01","2.03","8.01","9.01","1.1"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Toll Brothers issues $500M of 5.600% Senior Notes due 2035; proceeds for general purposes, may refinance 2025 notes","bullets":["$500M aggregate principal, 5.600% interest, matures June 15, 2035; semi-annual interest begins Dec 15, 2025.","Net proceeds for general corporate purposes, including potential refinancing of existing 4.875% senior notes due 2025.","Notes are unsecured, unsubordinated obligations of Toll Brothers Finance Corp., guaranteed by Toll Brothers and certain subsidiaries.","Structurally subordinated to claims of non-guarantor subsidiaries; change-of-control repurchase at 101% of principal.","Offering completed June 10, 2025; underwriters include BofA, BBVA, BMO, Goldman Sachs, Mizuho, PNC, Truist, U.S. Bancorp, Wells Fargo."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-030499","json":"https://secwatch.observer/filing/0001628280-25-030499.json","markdown":"https://secwatch.observer/filing/0001628280-25-030499.md","text":"https://secwatch.observer/filing/0001628280-25-030499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000162828025030499/0001628280-25-030499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000162828025030499/tol-20250605.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T16:26:49.929971+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":"3b752490ccb5fa7cb76b4417625b491d8058a345","claim":"Toll Brothers, Inc. incurred senior notes of $500,000,000 aggregate principal amount with BofA Securities Inc., BBVA Securities, Inc., BMO Capital Markets Corp., Goldman Sachs & Co. LLC., Mizuho Securities USA LLC, PNC Capital Markets LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC at 5.600% maturing June 15, 2035.","evidence_excerpt":"Investments, Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (the “Underwriters”), with respect to a public offering of $500,000,000 aggregate principal amount of its 5.600% Senior Notes due 2035 (the “Senior Notes”), guaranteed by the Company and certain of its subsidiaries. The Underwriting Agreement contains","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000162828025030499/0001628280-25-030499-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500,000,000 aggregate principal amount"},{"label":"Counterparty","value":"BofA Securities Inc., BBVA Securities, Inc., BMO Capital Markets Corp., Goldman Sachs & Co. LLC., Mizuho Securities USA LLC, PNC Capital Markets LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC"},{"label":"Rate","value":"5.600%"},{"label":"Maturity","value":"June 15, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}