Century Communities Announces Pricing of Private Offering of $500 Million of Senior Notes due 2033
Century Communities (NYSE:CCS), a leading national homebuilder, has announced the pricing of a $500 million private offering of Senior Notes due 2033. The notes will carry a 6.625% interest rate and will be sold at 100% of the principal amount.
The company expects to receive net proceeds of approximately $494 million after deducting fees and expenses. These funds, combined with cash on hand, will be used to redeem all outstanding 6.750% Senior Notes due 2027. The offering is expected to close on September 17, 2025, subject to customary conditions.
Century Communities (NYSE:CCS), importante costruttore residenziale a livello nazionale, ha annunciato il prezzo di un'offerta privata di obbligazioni Senior da 500 milioni di dollari con scadenza 2033. Le obbligazioni avranno un tasso d'interesse del 6,625% e saranno emesse al 100% del valore nominale.
La societ脿 prevede di ottenere proventi netti di circa 494 milioni di dollari dopo commissioni e spese. Queste risorse, insieme alla liquidit脿 disponibile, saranno utilizzate per rimborsare tutte le Senior Notes al 6,750% in scadenza 2027. La chiusura dell'operazione 猫 prevista per il 17 settembre 2025, subordinatamente alle consuete condizioni.
Century Communities (NYSE:CCS), un importante promotor de viviendas a nivel nacional, anunci贸 el precio de una oferta privada de bonos Senior por 500 millones de d贸lares con vencimiento en 2033. Los bonos llevar谩n un inter茅s del 6,625% y se vender谩n al 100% del principal.
La compa帽铆a espera recibir ingresos netos de aproximadamente 494 millones de d贸lares tras deducir comisiones y gastos. Estos fondos, junto con efectivo disponible, se usar谩n para redimir la totalidad de los Senior Notes al 6,750% con vencimiento en 2027. El cierre de la operaci贸n est谩 previsto para el 17 de septiembre de 2025, sujeto a las condiciones habituales.
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須岇偓電� 靾橃垬耄岇檧 牍勳毄鞚� 鞝滍晿瓿� 鞎� 4鞏� 9,400毵� 雼煬鞚� 靾滌垬鞚�鞚� 頇曤炒頃� 瓴冹溂搿� 鞓堨儊頃╇媹雼�. 鞚� 鞛愱笀鞚� 氤挫湢 順勱笀瓿� 頃粯 2027雲� 毵岅赴 6.750% Senior Notes 鞝勳暋 靸來櫂鞐� 靷毄霅╇媹雼�. 瓯半灅 膦呹舶鞚� 韱奠儊鞝侅澑 臁瓣贝鞚� 於╈”頃橂┐ 2025雲� 9鞗� 17鞚�搿� 鞓堨爼霅橃柎 鞛堨姷雼堧嫟.
Century Communities (NYSE:CCS), un des principaux promoteurs immobiliers nationaux, a annonc茅 le prix d'une offre priv茅e de Senior Notes de 500 millions de dollars arrivant 脿 茅ch茅ance en 2033. Les obligations porteront un taux d'int茅r锚t de 6,625% et seront vendues 脿 100% du principal.
La soci茅t茅 s'attend 脿 recevoir des produits nets d'environ 494 millions de dollars apr猫s d茅duction des frais et d茅penses. Ces fonds, combin茅s aux liquidit茅s disponibles, serviront 脿 rembourser la totalit茅 des Senior Notes 脿 6,750% arrivant en 2027. La cl么ture de l'op茅ration est pr茅vue le 17 septembre 2025, sous r茅serve des conditions habituelles.
Century Communities (NYSE:CCS), ein f眉hrender nationaler Wohnungsbauer, hat die Preisfestsetzung einer 500-Millionen-Dollar-Privatplatzierung von Senior Notes mit F盲lligkeit 2033 bekanntgegeben. Die Anleihen werden einen Zinssatz von 6,625% tragen und zu 100% des Nennwerts verkauft.
Das Unternehmen erwartet nach Abzug von Geb眉hren und Kosten Nettoerl枚se von rund 494 Millionen Dollar. Diese Mittel werden zusammen mit vorhandenen Barmitteln zur R眉ckzahlung aller ausstehenden 6,750% Senior Notes mit F盲lligkeit 2027 verwendet. Der Abschluss der Transaktion ist, vorbehaltlich 眉blicher Bedingungen, f眉r den 17. September 2025 vorgesehen.
- Refinancing of debt with slightly lower interest rate (6.625% vs 6.750%)
- Extension of debt maturity from 2027 to 2033, improving long-term financial flexibility
- Strong institutional investor interest with 100% principal pricing
- Significant debt level maintained at $500 million
- Company will incur approximately $6 million in fees and expenses for the refinancing
Insights
Century Communities refinances $500M debt at lower 6.625% rate, saving on interest costs through 2033.
Century Communities has successfully priced a
The company expects to net approximately
By extending its debt maturity from 2027 to 2033, Century has improved its financial flexibility and reduced near-term refinancing risk. The pricing at
The Offering is expected to close on September 17, 2025, subject to customary closing conditions.
The Company expects the aggregate net proceeds of the Offering to be approximately
The offer and sale of the Notes and the related guarantees have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state or other jurisdiction, and may not be offered or sold in
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any other security, and shall not constitute an offer, solicitation or sale of any securities in any state or jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum.
About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for three consecutive years, and one of the World's Most Trustworthy Companies (2025). Century Communities has also been designated as one of聽
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, and such statements should not be interpreted to be guarantees of future performance or results. Forward-looking statements are based on our current beliefs or expectations with respect to future events, and are subject to assumptions and unknown risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the beliefs or expectations expressed in or suggested by the forward-looking statements. Forward-looking statements in this press release include statements relating to, among other things, statements about the intended use of proceeds or other aspects of the Offering of the Notes and the Redemption of the 2027 Senior Notes. The following factors, among others, could cause actual results to differ materially from those expressed in the forward-looking statements: adverse changes in general economic conditions, including increased interest rates and inflation, the potential impact of tariffs and increased costs, availability and cost of financing, and the other factors included in the Company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law.
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SOURCE Century Communities, Inc.
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