Lgi homes announces pricing of $400 million of unsecured senior notes due 2028

The woodlands, texas, nov. 17, 2023 (globe newswire) -- lgi homes, inc. (nasdaq: lgih) (“lgi homes” or the “company”) today announced that it has priced its previously announced offering (the “offering”) of $400 million aggregate principal amount of unsecured senior notes due 2028 (the “notes”) to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”), and to certain non-u.s. persons in transactions outside the united states pursuant to regulation s under the securities act. the notes will bear interest at a rate of 8.750% per annum.
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