CENTURY COMMUNITIES, INC. (NYSE:CCS) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure. |
On January 23, 2017, Century Communities, Inc. (the Company)
announced the launch of its offering of its 6.875% Senior Notes
due 2022 (the Offering).The Offering will be unregistered and
conducted to Rule 144A and Regulation S under the Securities Act
of 1933, as amended (the Securities Act).
In connection with the Offering, the Company disclosed certain
information to prospective investors in a preliminary offering
memorandum dated January 23, 2017 (the Preliminary Offering
Memorandum).The Preliminary Offering Memorandum discloses certain
information that has not previously been publicly disclosed by
the Company. to Regulation FD, the Company is furnishing as
Exhibit 99.1 to this Current Report on Form 8-K, such information
disclosed in the Preliminary Offering Memorandum.
The information in this Current Report on Form 8-K, including
Exhibit 99.1, shall not be deemed to be filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), or otherwise subject to the liability of that
section, and shall not be incorporated by reference into any
registration statement or other document filed under the
Securities Act or the Exchange Act, except as shall be expressly
set forth by specific reference in such filing.
Forward-Looking Statements
Certain statements in Exhibit 99.1 to this Current Report on Form
8-K may be regarded as forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
as amended.Certain forward-looking statements discuss the
Companys plans, strategies and intentions, and may be identified
by reference to a future period or periods or by the use of
forward-looking terminology, such as expects, may, will,
believes, should, would, could, approximately, anticipates,
estimates, targets, intends, likely, projects, positioned,
strategy, future, and plans.In addition, these words may use the
positive or negative or other variations of those terms.All
statements other than statements of historical fact are
forward-looking statements for purposes of federal and state
securities laws, including, but not limited to, statements about
anticipated future operating and financial performance, financial
position and liquidity, business strategies, regulatory and
competitive outlook, investment and expenditure plans, capital
and financing needs and availability, plans and objectives of
management for future operations, developments regarding our
capital plans, and other similar forecasts and statements of
expectation and statements of assumption underlying any of the
foregoing. There is no guarantee that any of the events
anticipated by these forward-looking statements will occur.These
statements involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of
activity, performance or achievements to differ from those
expressed or implied by the forward-looking statement.
These forward-looking statements are based on various assumptions
and the current expectations of the management of the Company,
and may not be accurate because of risks and uncertainties
surrounding these assumptions and expectations.Certain factors
may cause actual results to differ significantly from these
forward-looking statements.If any of the events occur, there is
no guarantee what effect they will have on the operations or
financial condition of the Company.Major risks, uncertainties and
assumptions include, but are not limited to, risks relating to:
any unforeseen changes to or effects on liabilities, future
capital expenditures, revenues, expenses, earnings, synergies,
indebtedness, financial condition, losses and future prospects;
the Companys ability to integrate and operate assets successfully
after the closing of an acquisition; the effect of general
economic conditions, including employment rates, housing starts,
interest rate levels, availability of financing for home
mortgages, and the strength of the U.S. dollar; and other
factors. However, it is not possible to predict or identify all
such factors.Forward-looking statements included in Exhibit 99.1
are made as of the date hereof, and the Company undertakes no
obligation to publicly update or revise any forward-looking
statement to reflect future events, developments or otherwise,
except as may be required by applicable law.
| Item9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
|
Exhibit Number |
Description |
|
| 99.1 | Excerpts from Preliminary Offering Memorandum |
CENTURY COMMUNITIES, INC. (NYSE:CCS) Recent Trading Information
CENTURY COMMUNITIES, INC. (NYSE:CCS) closed its last trading session up +0.35 at 23.25 with 160,776 shares trading hands.