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D.R. Horton files $3 billion shelf
By Ted A. Knutson
Washington, Aug. 11 - D.R. Horton, Inc. filed a $3 billion shelf registration with the Securities and Exchange Commission.
The S-3 filing allows the company to issue common and preferred stock, depositary shares, stock purchase contracts and units, trust preferred securities, warrants, and debt securities. Securities may be issued in the form of convertibles.
The Fort Worth, Texas-based housing developer said offerings authorized by the shelf would be used for general corporate purposes.
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