LGI Homes (LGIH) started a private offering of $400 million of unsecured senior notes due 2032.
The timing of the pricing and terms are subject to market conditions, the company said Tuesday in a statement.
Net proceeds will be used to repay part of outstanding borrowings under a revolving credit facility, LGI said.
The company's shares fell 2% in recent trading Tuesday.
Price: 106.13, Change: -2.19, Percent Change: -2.02
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。