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Prospect News home > News index > List of issuers K > Headlines for KB Home > News item
Published on 2/5/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

KB Home may call or buy back 4¾% notes due 2019 via new issue

By Susanna Moon

Chicago, Feb. 5 – KB Home said it may redeem or repurchase its 4¾% senior notes due 2019 using proceeds of new notes.

KB Home plans concurrent public offerings of $300 million principal amount of senior notes due 2027 and another $100 million principal amount of its 7 5/8% senior notes due 2023, according to a press release.

Proceeds of the senior notes offerings will be used to retire the 4¾% notes, by redemption, purchase or repayment at maturity, the company said.

KB Home is a Los Angeles-based homebuilder.


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