Toll Brothers Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
$TOL
Homebuilding
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 13, 2025
(Exact Name of Registrant as Specified in Charter)
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Registrant’s telephone number, including area code: (215 ) 938-8000
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Securities registered pursuant to Section 12(b) of the Act:
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Item 8.01 Other Events
On June 13, 2025, Toll Brothers Finance Corp. (the “Issuer”), a wholly-owned subsidiary of Toll Brothers, Inc. (the “Company”), delivered a notice of optional redemption (the “Redemption Notice”) to the holders of its outstanding 4.875% Senior Notes due 2025 (the “Notes”) issued under the Indenture dated as of February 7, 2012, as supplemented by the Authorizing Resolution dated as of October 30, 2015 (the “Indenture”), among the Issuer, the Company, the other guarantors party thereto and The Bank of New York Mellon, as Trustee (the “Trustee”), pursuant to which the Issuer will redeem all $350,000,000 aggregate principal amount of outstanding Notes. The Notes will be redeemed on July 15, 2025 (the “Redemption Date”) at a redemption price in cash of the greater of (a) 100% of the principal amount of the Notes being redeemed and (b) the present value of the Remaining Scheduled Payments (as defined in the Indenture) on the Notes being redeemed on the Redemption Date, discounted to the Redemption Date, on a semiannual basis, at the Treasury Rate (as defined in the Indenture) plus 50 basis points. Accrued and unpaid interest to, but excluding, July 15, 2025 will be paid in accordance with the terms of the Indenture and the Notes.
Item 9.01 Financial Statements and Exhibits.
(d). Exhibits
The following Exhibits are furnished as part of this Current Report on Form 8-K:
Exhibit
No. Item
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
* Filed electronically herewith
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TOLL BROTHERS, INC. | ||||||||||||||||||||
| Dated: | June 13, 2025 | By: | /s/ Michael J. Grubb | |||||||||||||||||
| Michael J. Grubb Senior Vice President, Chief Accounting Officer | ||||||||||||||||||||
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