D.R. Horton may redeem 3.625% notes due 2018 ahead of maturity

New York, Nov. 29 – D.R. Horton, Inc. may redeem its 3.625% senior notes due Feb. 15, 2018 ahead of their maturity date, according to a 424B5 filing with the Securities and Exchange Commission.

Funds for the redemption would come from an offering of new senior notes due 2020 that was announced in the filing.

Proceeds will be used for general corporate purposes, with the redemption listed as a possible option.

D.R. Horton is an Arlington, Tex., homebuilder.

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