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Forestar Group Prices $500 Million Senior Notes Offering
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Forestar Group Prices $500 Million Senior Notes Offering
Mar 6, 2025 1:46 AM

04:21 AM EST, 03/06/2025 (MT Newswires) -- Forestar Group ( FOR ) said late Wednesday it has priced a private offering of $500 million of 6.5% senior unsecured notes due 2033.

The company said it plans to use the net proceeds to fund a tender offer for $400 million of its existing 3.85% senior notes due 2026 and for general corporate purposes.

The offering is expected to close on March 14.

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