KB HOME (NYSE:KBH) Files An 8-K Other EventsItem 9.01 Other Events.
OnMay 15, 2018, KB Home issued a press release announcing that it plans to repay the entire $300 million in aggregate principal amount of its 7.25% Senior Notes due 2018 at their maturity on June 15, 2018 using internally generated cash. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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99.1 |
Press release dated May 15, 2018.
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EXHIBIT INDEX
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ExhibitNo. |
Description |
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99.1 |
Press release dated May 15, 2018.
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KB HOME ExhibitEX-99.1 2 drpr.htm EXHIBIT 99.1 Exhibit Exhibit 99.1FOR IMMEDIATE RELEASE For Further Information: Jill Peters,…To view the full exhibit click here
About KB HOME (NYSE:KBH)
KB Home is a homebuilding company in the United States. The Company constructs and sells a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. Its segments include the West Coast, Southwest, Central and Southeast homebuilding segments, and financial services segment. Its homebuilding segments are engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers in the same markets as its homebuilding segments, and also provides title services in various markets located within its Central and Southeast homebuilding segments. Its financial services operations also provide mortgage banking services, including residential consumer mortgage loan originations.