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Dream Finders to repay credit facility borrowings with notes proceeds
By Sara Rosenberg
New York, Aug. 7 – Dream Finders Homes Inc. plans to repay a portion of the borrowings outstanding under its existing amended and restated credit agreement using proceeds from a $300 million senior notes offering, according to a market source.
Remaining proceeds from the notes will be used to pay fees and expenses related to the issuance, as well as for general corporate purposes.
Dream Finders Homes is a Jacksonville, Fla.-based homebuilder.
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