Forestar Announces Pricing of $500 Million Offering of Senior Unsecured Notes
Portfolio Pulse from
Forestar Group Inc. has announced the pricing of a $500 million offering of 6.500% senior unsecured notes due in 2033.
March 05, 2025 | 11:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Forestar Group Inc. has priced a $500 million offering of 6.500% senior unsecured notes due 2033, which could impact its credit profile and financial strategy.
The issuance of $500 million in senior unsecured notes will provide Forestar with additional capital, potentially affecting its credit profile and financial strategy. However, the direct impact on stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100