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LGIH - LGI Homes prices $300M senior notes due 2029
LGI Homes Inc.
LGI Homes (LGIH) has priced its offering of $300M of unsecured Senior Notes due 2029. The Notes will bear interest at a rate of 4.000% per annum. Net proceeds will be used to fund the redemption of all of the Company’s outstanding 6.875% Senior Notes due 2026 and to invest in short-term liquid investments.The sale is expected to be completed on June 28.Previously (June 14): LGI Homes launches $300M senior notes offering