Welcome to our dedicated page for KB Home news (Ticker: KBH), a resource for investors and traders seeking the latest updates and insights on KB Home stock.
KB Home (NYSE: KBH) is a leading national homebuilder recognized for energy-efficient construction and customizable home designs. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and operational milestones.
Comprehensive News Resource: Track all official KB Home announcements including quarterly earnings, sustainability initiatives, strategic partnerships, and market expansion efforts. Our curated feed ensures access to both regulatory filings and substantive business updates.
Key Coverage Areas: Stay informed about new community developments, innovative building practices, mortgage service updates, and leadership changes. Content spans SEC filings, press releases, and analysis of housing market positioning.
Investor-Centric Formatting: Quickly scan chronologically organized updates with clear event categorization. Bookmark this page for efficient monitoring of KBH's progress in delivering affordable, sustainable homes across key U.S. markets.
KB Home (NYSE: KBH) will release its second-quarter earnings for the period ended May 31, 2021, after market close on June 23, 2021. A live earnings conference call is scheduled for the same day at 2:00 p.m. Pacific Time. Investors can access the call through the Investor Relations section of the KB Home website, where a replay will be available for 30 days. Founded over 60 years ago, KB Home is a leading homebuilder in the U.S., offering personalized homes with a focus on ENERGY STAR certification to ensure lower ownership costs and healthier living environments.
KB Home announced the results of its cash tender offer for its 7.000% Senior Notes due 2021, totaling $450 million. The offer expired on June 8, 2021, with $269.83 million of the notes validly tendered. The company accepted all validly tendered notes and settled the offer on June 9, 2021. Holders received $1,017.25 per $1,000 principal along with accrued interest. The payment is funded through proceeds from a $390 million issuance of new 4.00% Senior Notes due 2031. This release serves an informational purpose and does not constitute a purchase offer.
KB Home (NYSE: KBH) has unveiled two new communities, Landings and Reserves at Sage Glen, in Southwest Las Vegas. Positioned conveniently near the Las Vegas Strip and major employment hubs, these homes offer modern designs with spacious floor plans ranging from 1,400 to 3,000 square feet, featuring up to five bedrooms and five baths. Prices start in the $360,000s. Emphasizing personalized options, KB Home provides buyers with extensive customization choices, while each home is ENERGY STAR certified, ensuring energy efficiency and improved indoor air quality.
KB Home (NYSE: KBH) has upsized its offering of senior notes to $390 million, an increase of $90 million. These notes, due in 2031, carry an interest rate of 4.00% and will be sold at a public offering price of 100.00%. After costs, the estimated net proceeds are approximately $385 million, intended primarily for the tender offer of its 7.000% Senior Notes due 2021. Closing of the offering is anticipated on June 9, 2021. Major financial institutions are involved as book-running managers for the offering.
KB Home announced a cash tender offer for its 7.000% Senior Notes due 2021, totaling $450 million. The offer will expire at 5:00 p.m. NYC time on June 8, 2021, unless extended. Holders must validly tender their Notes by the deadline to receive the offer consideration of $1,017.25 per $1,000 principal amount, plus accrued interest. The tender process allows for valid withdrawals before the expiration date. KB Home reserves the right to terminate or amend the offer at any time. More details can be found in the Offer Documents provided to the Note holders.
KB Home (NYSE: KBH) has announced a public offering of $300 million in senior notes due 2031. This offering is being managed by several financial institutions, including BofA Securities and Citigroup. The proceeds will be used to purchase existing 7.000% Senior Notes due 2021 as part of a cash tender offer and for general corporate purposes. The offering is registered under an existing shelf registration statement with the SEC, and interested parties can access the prospectus via the SEC's website.
KB Home (NYSE: KBH) reported a significant 155% increase in net orders, totaling 3,961 for the second quarter of 2021, compared to 1,556 in the same period last year. This surge is attributed to a rebound from COVID-19 impacts. The second quarter ends on May 31, 2021, with the company also announcing a public offering of senior notes. KB Home emphasizes its commitment to quality homebuilding and customer personalization.
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