(NYSE:DFH) JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (the “Company” or “Dream Finders Homes”) (NYSE: DFH) today announced the pricing of its private offering of $300 million aggregate principal amount of 6.875% senior unsecured notes due 2030 (the “2030 Notes”). The 2030 Notes will be sold to investors at a price of 100% of the principal amount thereof. The Company expects the net aggregate proceeds of the offering to be approximately $295 million, after the underwriting discount and
Related Questions
How will the issuance of $300 million of 6.875% senior notes due 2030 affect Dream Finders’ capital structure and valuation?
What specific purposes will the net proceeds of approximately $295 million be used for, and how might those uses influence the company’s growth and earnings outlook?
Does pricing the notes at 100% of principal suggest a higher borrowing cost than comparable market rates, and what could be the implications for DFH’s credit rating and stock price?