BB&T Capital Markets Serves as Co-Manager for D.R. Horton, Inc.’s $400 Million 2.550% Offering of Senior Notes due 2020
On November 29, 2017, BB&T Capital Markets served as a co-manager for an offering of $400 million 2.550% senior notes due 2020 by D.R. Horton, Inc.
Proceeds from the offering are being used for general corporate purposes, including the redemption of existing indebtedness.
About the Companies
D.R. Horton, Inc. operates as a homebuilding company, engaging n the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, Americas Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages and provision of title insurance policies, and examination and closing services. In addition, through its subsidiary, D.R. Horton engages in the acquisition, entitlement, development, and sale of residential and mixed-use real estate communities. The company primarily serves title insurance agents, homebuyers, and homebuilding customers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Fort Worth, Texas.
Commercial & Industrial
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About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.