Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

KB Home Raises $350M Via Debt Offering

KB Home KBH NYSE
  • KB Home (NYSE:KBH) has commenced a public offering of $350.0 million of senior unsecured notes due 2030.
  • KB Home intends to use the net proceeds from this offering, together with cash on hand, toward the retirement of its outstanding 7.5% Senior Notes due 2022 and for general corporate purposes.
  • The company held $240.7 million in cash and equivalents as of February 28, 2022.
  • Price Action: KBH shares are trading higher by 0.21% at $33.43 on the last check Tuesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Jennifer Lopez Levels Up Her Hamptons Floral Skirt Set With Her New Favorite Shoe Trend
This time, she's in an off-the-shoulder set and fisherman sandals.
Marie Claire
Marie Claire
21 'one-in-a-million' extreme dead stars found hiding around sun-like stars
Astronomers have detected 21 rare systems with widely separated neutron stars and sun-like stars. These binaries are "one in a million" and challenge dead star binary formation models.
Space
Space
The true culprit of cereals
"Little has changed since the days of "Unfrosted," the Pop-Tarts movie"
Salon
Salon
Char your summer squash like a chef
Chef Tyler Fenton of BATA talks charring, cooking local and the bounty found in the 400 miles surrounding Tucson
Salon
Salon
What is the chemistry behind decaf?
"Decaffeination has a rich history, and now almost all coffee producers use one of three common methods"
Salon
Salon
Blake Lively Expertly Shuts Down Ryan Reynolds Divorce Rumors
A commenter brought these rumors to her attention.
Marie Claire
Marie Claire
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play