Dream Finders Homes receives early tenders for 98.64% of $650 million senior notes exchange
DFH•Dream Finders Homes received $641.19 million in early tenders, or 98.64%, for its $650 million senior notes exchange offer.
1. Tender participation
Early tenders reached $641.19 million, or 98.64% of the $650 million offer. Participation was 99.22% for Beazer’s 7.500% Senior Notes due 2031 and 98.28% for its 8.000% Senior Notes due 2032; required consents were secured to eliminate substantially all restrictive covenants and events of default under both indentures. Withdrawal rights expired November 4, 2026. The offer expires at 5 p.m. New York time on November 20, unless extended, with settlement expected November 23, when new notes will be issued and the indenture amendments become operative.
