Forestar Group’s $400 Million Notes Offering

Forestar Group's $400 Million Notes Offering

Cahill represented the initial purchasers in the offering.

Forestar Group Inc. executed its offering of $400,000,000 aggregate principal amount of 3.850% senior notes due 2026.

Proceeds from the offering were to be used to refinance certain existing debt and the balance for general corporate purposes.

The Initial Purchasers included Citigroup Global Markets Inc., Mizuho Securities USA LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC, Wells Fargo Securities, LLC, Fifth Third Securities, Inc. and Synovus Securities, Inc.

Forestar Group Inc. (NYSE: FOR) is a residential lot development company.

Cahill represented the initial purchasers with Susanna M. Suh, Peter Simon (Picture), and Brad D. Klingener.

Involved fees earner: Peter Simon – Cahill Gordon & Reindel; Susanna Suh – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Citigroup Global Markets Ltd; Fifth Third Securities, Inc.; J.P. Morgan Securities LLC; Mizuho Securities; Synovus Securities, Inc.; TD Securities; Wells Fargo Securities;

Author: Martina Bellini