debt
confidence high
sentiment neutral
materiality 0.60
Dream Finders Homes issues $300M of 6.875% senior unsecured notes due 2030
Dream Finders Homes, Inc.
- $300 million aggregate principal amount; interest rate 6.875% per annum, maturity September 15, 2030.
- Interest payable semiannually on March 15 and September 15, first payment due March 15, 2026.
- Notes are fully and unconditionally guaranteed on a joint and several basis by certain subsidiaries.
- Holders can require repurchase at 101% of principal plus accrued interest upon a change of control.
- Proceeds not specified; typical uses include refinancing, working capital, or general corporate purposes.
item 1.01item 2.03item 9.01