Summary
D.R. Horton, Inc. (DHI) filed an 8-K on December 14, 2004, to report on the issuance of $300,000,000 aggregate principal amount of its 5.625% Senior Notes due 2016. This filing primarily serves to include key documents related to this debt offering, such as the underwriting agreement, a supplemental indenture, and a legal opinion. The company successfully completed a significant debt issuance, which provides capital and details the terms under which these notes are offered and secured. Investors should note the specific interest rate and maturity date of these notes, as well as the involvement of Citigroup Global Markets Inc. as the underwriter and American Stock Transfer & Trust Company as the trustee. This event indicates active capital management and expansion of D.R. Horton's financing strategies.
Key Highlights
- 1D.R. Horton Inc. filed an 8-K on December 14, 2004, to disclose details of a debt offering.
- 2The company issued $300,000,000 aggregate principal amount of 5.625% Senior Notes due 2016.
- 3The filing includes the Underwriting Agreement dated December 8, 2004, with Citigroup Global Markets Inc.
- 4A Twenty-Second Supplemental Indenture dated December 15, 2004, was filed, detailing terms related to the Senior Notes.
- 5The filing also includes a legal opinion from Gibson, Dunn & Crutcher LLP.
- 6These documents are incorporated by reference into the company's Registration Statement on Form S-3.
- 7The CFO, Bill W. Wheat, signed the filing, indicating executive oversight.