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GREENWOOD VILLAGE, Colo. – Sept. 3, 2025 – Century Communities, Inc. (NYSE: CCS), a major player in the U.S. homebuilding market, has announced the pricing of a private offering totaling $500 million in aggregate principal amount of 6.625% Senior Notes due 2033. The notes, bearing a 6.625% interest rate, will be guaranteed on an unsecured senior basis by a selection of the company’s current and prospective subsidiaries, essentially covering most of its domestic wholly-owned operations. The offer price is set at 100% of the principal amount.
The deal is slated to close on September 17, 2025, pending standard closing conditions. Analysts at CNBC are closely watching this move, interpreting it as a strategic maneuver to optimize Century Communities’ debt structure amid evolving market dynamics.
Century Communities anticipates net proceeds of approximately $494 million from the offering, factoring in initial purchaser discounts and other projected fees. The company plans to leverage these proceeds, supplemented by available cash reserves, to redeem its existing $500 million aggregate principal amount of 6.750% Senior Notes due 2027. This refinancing effort allows them to potentially improve their long-term profitability by locking in a lower rate.
This private offering of notes and related guarantees has not been registered under the Securities Act of 1933, nor under the securities laws of any state or jurisdiction. Consequently, these notes cannot be offered or sold within the United States, or to U.S. persons, without registration or an applicable exemption. The offering targets qualified institutional buyers as defined by Rule 144A of the Securities Act, and certain non-U.S. individuals engaged in transactions outside the United States under Regulation S of the Securities Act.
This press release serves informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, the Notes or any other security. Any offers of the Notes will be made exclusively through a private offering memorandum.
About Century Communities
Century Communities, Inc. (NYSE: CCS) is a prominent U.S. homebuilder, recognized for its strong position in the online home sales arena. With a diverse operational footprint spanning 16 states and over 45 markets, Century Communities offers a range of housing options under its Century Communities and Century Complete brands. The company’s integrated approach encompasses land acquisition, development, construction, and targeted marketing strategies to cater to a broad spectrum of homebuyers. Furthermore, Century Communities expands its service offerings through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries.
Forward-Looking Statements
This release includes forward-looking statements as defined under federal securities laws, which inherently involve risks and uncertainties. These forward-looking statements reflect Century Communities’ current beliefs and expectations regarding future events, but actual outcomes may differ materially due to various factors beyond the company’s control. These factors include, but are not limited to: impacts from general economic conditions, encompassing interest rate fluctuations, inflation, potential tariffs, availability and cost of financing, and details included in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The company assumes no obligation to update any forward-looking statement except as required by law.
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