Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
The feature you requested does not exist. However, we suggest the following feature:

LENNAR CORP /NEW/ : Other Events, Financial Statements and Exhibits (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/20/2017 | 11:14pm CET

Item 8.01 Other Events.

On January 20, 2017, Lennar Corporation (the "Company") completed the sale of $600 million aggregate principal amount of its 4.125% Senior Notes due 2022 (the "Notes"). The offer and sale of the Notes had been registered under the Securities Act of 1933, as amended. The Company received net proceeds of approximately $595.0 million from the sale of the Notes after deducting the underwriters' fees and certain expenses of the offering. The Notes are governed by an Indenture, dated as of December 31, 1997 (the "Indenture"), as supplemented by a Thirteenth Supplemental Indenture, dated as of January 20, 2017, by and among the Company, a number of its subsidiaries as guarantors and The Bank of New York Mellon, as trustee. Interest on the Notes will accrue at the rate of 4.125% per annum from January 20, 2017, and will be payable semi-annually on January 15 and July 15 of each year, commencing July 15, 2017. The Notes will mature on January 15, 2022, subject to earlier redemption or repurchase. The Notes are guaranteed by most, but not all, of the Company's subsidiaries, but the guarantee by particular subsidiaries may be suspended or terminated under some circumstances.

The above description of the Notes and the Thirteenth Supplemental Indenture is qualified in its entirety by reference to the full text of the Thirteenth Supplemental Indenture (including the form of Note included therein), a copy of which is filed as Exhibit 4.17 hereto.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.




Exhibit
  No.                              Description of Document

 4.1        Indenture, dated as of December 31, 1997, between Lennar Corporation
            and Bank One Trust Company, N.A., as trustee-Incorporated by reference
            to Exhibit 4 of the Company's Registration Statement on Form S-3,
            Registration No. 333-45527, filed with the Securities and Exchange
            Commission on February 3, 1998.

 4.17       Thirteenth Supplemental Indenture, dated as of January 20, 2017, among
            Lennar Corporation, each of the guarantors identified therein and The
            Bank of New York Mellon, as trustee, including the form of 4.125%
            Senior Notes due 2022-Filed herewith.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
11:14p LENNAR CORP /NEW/ : Other Events, Financial Statements and Exhibits (form 8-K)
11:14p BIOPTIX, INC. : Entry into a Material Definitive Agreement, Costs Associated with Exit or Disposal Activities, Other Events, Financial Statements and Exhibits (form 8-K)
11:14p CABLE ONE : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K/A)
11:14p Canadian dollar steady following earlier losses on domestic data
11:13p POSITIVEID CORP : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Unregistered Sale of Equity Securities, Financial Statements and Exhibits (form 8-K)
11:13p CHINA COLOR COSMETICS PRODUCTS INDUSTRY 2017 POPULAR MARKET PRODUCTS : Nail-Polish, Eye Make-Up, Facial Make-Up, Hair Color, Lip Products: Unilever, Loral, Shiseido
11:12p MIZA ENTERPRISES INC : . Announces Closing of $1,440,000 Private Placement
11:12p Baronner Steps Down As President And CEO Of Potomac Bancshares, Inc., And Bank of Charles Town
11:11p Canada court rejects attempt to enforce Ecuador Chevron judgment
11:11p SOKOMAN IRON CORP. : Closes Private Placement
Latest news