---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-25-001557"
form_type: "8-K"
ticker: "HOV"
cik: "0000357294"
company_name: "HOVNANIAN ENTERPRISES INC"
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:43:22.370708+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hovnanian issues $900M of 8.000%/8.375% senior notes to refinance secured debt and new $125M revolver

## Summary
- Issued $450M 8.000% Senior Notes due 2031 and $450M 8.375% Senior Notes due 2033 in a private placement.
- Proceeds used to redeem all outstanding 11.75% 1.25 Lien Notes due 2029 and 8.0% 1.125 Lien Notes due 2028 at make-whole/premium.
- Repaid entire Senior Secured 1.75 Lien Term Loan Facility due 2028 at par plus accrued interest.
- New $125M senior secured first lien revolving credit facility became effective concurrently.
- All liens on collateral securing old debt were released; new notes are senior unsecured.

## SEC filing metadata
- accession: 0001753926-25-001557
- form_type: 8-K
- ticker: HOV
- cik: 0000357294
- company_name: HOVNANIAN ENTERPRISES INC
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357294/000175392625001557/0001753926-25-001557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357294/000175392625001557/hov-20250925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-25-001557
- JSON: https://secwatch.observer/filing/0001753926-25-001557.json
- Plain text: https://secwatch.observer/filing/0001753926-25-001557.txt

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