Schedule Of Senior Notes And Other Debts Payable |
The terms of each of the Company's senior notes outstanding at November 30, 2017 were as follows: | | | | | | | | | | | | | | Senior Notes Outstanding (1) | | Principal Amount | | Net Proceeds (2) | | Price | | Dates Issued | (Dollars in thousands) | | | | | | | | | 6.95% senior notes due 2018 | | $ | 250,000 |
| | 243,900 |
| | 98.929 | % | | May 2010 | 4.125% senior notes due December 2018 | | 275,000 |
| | 271,718 |
| | 99.998 | % | | February 2013 | 4.500% senior notes due 2019 | | 500,000 |
| | 495,725 |
| | (3) |
| | February 2014 | 4.50% senior notes due 2019 | | 600,000 |
| | 595,801 |
| | (4) |
| | November 2014, February 2015 | 2.95% senior notes due 2020 | | 300,000 |
| | 298,800 |
| | 100 | % | | November 2017 | 4.750% senior notes due 2021 | | 500,000 |
| | 495,974 |
| | 100 | % | | March 2016 | 4.125% senior notes due 2022 | | 600,000 |
| | 595,160 |
| | 100 | % | | January 2017 | 4.750% senior notes due 2022 | | 575,000 |
| | 567,585 |
| | (5) |
| | October 2012, February 2013, April 2013 | 4.875% senior notes due December 2023 | | 400,000 |
| | 393,622 |
| | 99.169 | % | | November 2015 | 4.500% senior notes due 2024 | | 650,000 |
| | 644,838 |
| | 100 | % | | April 2017 | 4.750% senior notes due 2025 | | 500,000 |
| | 495,528 |
| | 100 | % | | April 2015 | 4.75% senior notes due 2027 | | 900,000 |
| | 894,650 |
| | 100 | % | | November 2017 |
| | (1) | Interest is payable semi-annually for each of the series of senior notes. The senior notes are unsecured and unsubordinated, but are guaranteed by substantially all of the Company's 100% owned homebuilding subsidiaries. |
| | (2) | The Company generally uses the net proceeds for working capital and general corporate purposes, which can include the repayment or repurchase of other outstanding senior notes. |
| | (3) | The Company issued $400 million aggregate principal amount at a price of 100% and $100 million aggregate principal amount at a price of 100.5%. |
| | (4) | The Company issued $350 million aggregate principal amount at a price of 100% and $250 million aggregate principal amount at a price of 100.25%. |
| | (5) | The Company issued $350 million aggregate principal amount at a price of 100%, $175 million aggregate principal amount at a price of 98.073% and $50 million aggregate principal amount at a price of 98.250%. |
| | | | | | | | | November 30, | (Dollars in thousands) | 2017 | | 2016 | 6.95% senior notes due 2018 | $ | 249,342 |
| | 248,474 |
| 4.125% senior notes due December 2018 | 274,459 |
| | 273,889 |
| 4.500% senior notes due 2019 | 498,793 |
| | 498,002 |
| 4.50% senior notes due 2019 | 598,325 |
| | 597,474 |
| 2.95% senior notes due 2020 | 298,305 |
| | — |
| 4.750% senior notes due 2021 | 497,329 |
| | 496,547 |
| 4.125% senior notes due 2022 | 595,904 |
| | — |
| 4.750% senior notes due 2022 | 569,484 |
| | 568,404 |
| 4.875% senior notes due December 2023 | 394,964 |
| | 394,170 |
| 4.500% senior notes due 2024 | 645,353 |
| | — |
| 4.750% senior notes due 2025 | 496,671 |
| | 496,226 |
| 4.75% senior notes due 2027 | 892,657 |
| | — |
| 4.75% senior notes due December 2017 | — |
| | 398,479 |
| 12.25% senior notes due 2017 | — |
| | 398,232 |
| Mortgage notes on land and other debt | 398,417 |
| | 206,080 |
| | $ | 6,410,003 |
| | 4,575,977 |
|
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Schedule Of Maturities Of Senior Notes And Other Debts Payable |
The minimum aggregate principal maturities of senior notes and other debts payable during the five years subsequent to November 30, 2017 and thereafter are as follows: | | | | | (In thousands) | Debt Maturities | 2018 | $ | 357,655 |
| 2019 | 1,481,943 |
| 2020 | 371,104 |
| 2021 | 534,095 |
| 2022 | 1,192,260 |
| Thereafter | 2,511,447 |
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