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 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.
KB Home (NYSE: KBH) will participate in a virtual Fireside Chat at the 14th Annual J.P. Morgan Homebuilding & Building Products Conference on May 19, 2021, at 8:40 a.m. PT. Investors can access the live webcast via the "Events and Presentations" link on the KB Home Investor Relations page at www.kbhome.com. An archived version of the presentation will be available for 30 days after the live event.
KB Home is a leading U.S. homebuilder, providing personalized homes and ENERGY STAR certified homes that promote energy efficiency.
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