KBH - Public offerings

Total Revenues Increased 19% to $1.72 Billion; Diluted Earnings Per Share Grew 55% to $2.32 Operating Income Margin Improved 410 Basis Points to 15.4%; Gross Margin Increased to 25.3% Net Order Value Up 4% to $2.12 Billion; Ending Backlog Value Up 43% to $6.12 Billion KB Home (NYSE:KBH) today reported results for its second quarter ended May 31, 2022. "We delivered strong results in the second quarter, generating significant year-over-year growth in revenues, operating income and diluted earnings per share," said Jeffrey Mezger, Chairman, President and Chief Executive Officer. "With our ending backlog of over $6 billion, we are reaffirming our fiscal 2022 guidance, which we believe we are

KB Home (NYSE:KBH) today announced that it has priced an offering of $350.0 million in aggregate principal amount of its 7.25% senior unsecured notes due 2030. The offering is being made under an existing shelf registration statement that KB Home previously filed with the Securities and Exchange Commission ("SEC"). The senior notes due 2030 will bear interest at a rate of 7.25% per annum and will be issued at a public offering price of 100.00%. The senior notes will be guaranteed on an unsecured basis by KB Home's subsidiaries that have guaranteed KB Home's outstanding senior notes. KB Home estimates the aggregate net proceeds from the offering to be approximately $345.5 million, after de

KB Home (NYSE:KBH) today announced that it has commenced a public offering of $350.0 million in aggregate principal amount of senior unsecured notes due 2030. Citigroup Global Markets Inc., BofA Securities, Inc., BNP Paribas Securities Corp., Fifth Third Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, are acting as book-running managers for this offering. The senior notes will be guaranteed on an unsecured basis by KB Home's subsidiaries that have guaranteed KB Home's outstanding senior notes. KB Home intends to use the net proceeds from this offering together with cash on hand, as needed, toward the retirement of its outstanding 7.5% Senior Notes due 2022, by

KB Home (NYSE:KBH) today announced that it has upsized and priced an offering of $390 million in aggregate principal amount of its senior notes due 2031, representing an increase of $90 million in aggregate principal amount from the previously announced proposed offering size. The offering is being made under an existing shelf registration statement that KB Home previously filed with the Securities and Exchange Commission ("SEC"). The senior notes due 2031 will bear interest at a rate of 4.00% per annum and will be issued at a public offering price of 100.00%. The senior notes will be guaranteed on an unsecured basis by certain of KB Home's subsidiaries that have guaranteed KB Home's outst

KB Home (NYSE:KBH) today announced that it has commenced a public offering of $300.0 million in aggregate principal amount of senior notes due 2031. BofA Securities, Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp. and MUFG Securities Americas Inc. are acting as book-running managers for this offering. The senior notes will be guaranteed on an unsecured basis by certain of KB Home's subsidiaries that have guaranteed KB Home's outstanding senior notes. KB Home intends to use the net proceeds from this offering together with cash on hand, as needed, to purchase its 7.000% Senior N

KB Home (NYSE:KBH) today reported preliminary quarter-to-date net orders for its 2021 second quarter, in conjunction with the Company's planned public offering of senior notes. Through May 21, 2021, the Company's net orders totaled 3,961, representing an increase of 155%, compared to net orders of 1,556 for the corresponding period of 2020, during which net orders were adversely affected by the outbreak of the COVID-19 pandemic. The Company's 2021 second quarter will end on May 31, 2021. About KB Home KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Today, KB Home operates in 45 markets across eight