Century Communities, Inc. announced the pricing of its private offering of $500 million aggregate principal amount of 6.625% Senior Notes due 2033.
The Notes will bear interest at 6.625% and will be guaranteed on an unsecured senior basis by certain of the Company's current and future subsidiaries.
The Offering is expected to close on September 17, 2025, subject to customary closing conditions.
Offering Details
$500 million aggregate principal amount of 6.625% Senior Notes due 2033 priced by Century Communities, Inc.
Net Proceeds
Expected aggregate net proceeds of approximately $494 million after expenses from the Offering.
Use of Proceeds
Intend to use net proceeds from the Offering to finance the redemption of all $500.0 million aggregate principal amount of 6.750% Senior Notes due 2027.
- The private offering aims to raise $500 million through 6.625% Senior Notes due 2033, showing the company's strategic financial planning.
- Century Communities plans to utilize the net proceeds for the redemption of previous outstanding Senior Notes due 2027, optimizing its long-term debt structure.
Century Communities, Inc.'s private offering of $500 million Senior Notes due 2033 demonstrates the company's commitment to strategic financing and debt management. The successful pricing and planned use of proceeds reflect a forward-looking approach to strengthen the financial position and meet future obligations efficiently.