D.R. Horton issues call to redeem all $112.28 million of 5 3/8% notes

By Toni Weeks

San Diego, March 16 - D.R. Horton, Inc. has issued a call to redeem all $112,279,000 of its 5 3/8% senior notes due June 15, 2012 on April 15, according to a press release.

The redemption price will include a premium based on the present values of the remaining scheduled payments on the notes plus accrued interest.

D.R. Horton is a Fort Worth-based homebuilder.

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