Dream Finders Homes receives tenders for $641.19 million of Beazer notes in debt exchange
BZH•Dream Finders Homes received tenders for $641.19 million of Beazer notes, representing 99.22% of its 2031 notes and 98.28% of its 2032 notes outstanding as of November 4, 2026. The exchange expires November 20, with settlement expected November 23.
1. Tender results
Dream Finders Homes received $248.06 million in tenders for Beazer’s 7.500% Senior Notes due 2031 and $393.13 million for its 8.000% Senior Notes due 2032, as of November 4, 2026. Required consents secured amendments eliminating substantially all restrictive covenants and events of default under both indentures; the exchange for new Dream Finders Notes expires November 20, and settlement is expected November 23, when the amendments become operative.
