Dream Finders Homes, Inc. announced its intention to offer up to $300 million aggregate principal amount of unsecured senior notes due 2030.
The proceeds will be used to repay a portion of the borrowings under the existing revolving credit facility and for general corporate purposes.
The offering of the 2030 Notes is subject to market conditions and other factors.
Offer Details
Up to $300 million in unsecured senior notes due 2030 are being offered.
Use of Proceeds
Proceeds will repay borrowings under the existing credit facility and cover issuance expenses.
Guarantee Status
2030 Notes will be guaranteed on a senior unsecured basis by subsidiaries under the Credit Agreement.
Regulatory Compliance
The 2030 Notes will be offered only to qualified institutional buyers and non-U.S. persons.
Forward-Looking Statements
Cautionary notes about potential risks and uncertainties related to the offering.
- Dream Finders Homes aims to utilize the proceeds strategically to improve its financial position and support future growth initiatives.
- The offering of the 2030 Notes indicates the company's proactive approach to managing its capital structure and funding requirements.
Dream Finders Homes' announcement of the proposed senior notes offering reflects its commitment to financial prudence and growth strategy in the market.