Filed pursuant to Rule 433
Issuer Free Writing Prospectus, dated February 19, 2014
Supplementing the Preliminary Prospectus Supplement, dated February 19, 2014
Registration No. 333-184065
D.R. Horton, Inc.
$500,000,000 3.750% Senior Notes due 2019
Pricing Supplement
The information in this Pricing Supplement supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent it is inconsistent with the information in the Preliminary Prospectus Supplement.
Issuer | D.R. Horton, Inc. | |
Title of Securities | 3.750% Senior Notes due 2019 | |
Aggregate Principal Amount | $500,000,000, which reflects an increase of $100,000,000 from the amount set forth on the cover page of the Preliminary Prospectus Supplement | |
Maturity Date | March 1, 2019 | |
Coupon | 3.750% | |
Public Offering Price | 100.000% | |
Yield to Maturity | 3.750% | |
Interest Payment Dates | March 1 and September 1 of each year, beginning on September 1, 2014 | |
Record Dates | February 15 and August 15 of each year | |
Optional Redemption | Make-whole call at T+50 bps plus accrued and unpaid interest and additional interest, if any, prior to December 1, 2018, and thereafter at par. | |
Change of Control Triggering Event | 101% of principal plus accrued and unpaid interest | |
Underwriting Discount | 0.60% | |
Trade Date | February 19, 2014 | |
Settlement Date | February 24, 2014 (T+3) | |
CUSIP/ISIN Numbers | CUSIP: 23331A BJ7 ISIN: US23331ABJ79 | |
Denominations/Multiple | $2,000 / $1,000 | |
Joint Book-Running Managers | Wells Fargo Securities, LLC Citigroup Global Markets Inc. Deutsche Bank Securities Inc. J.P. Morgan Securities LLC RBS Securities Inc. |
The issuer has filed a registration statement (including a prospectus and a related prospectus supplement) with the United States Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and other documents D.R. Horton, Inc. has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, copies of the prospectus supplement and accompanying prospectus may be obtained by calling Wells Fargo Securities, LLC at (704) 410-4760 or (866) 309-6316 (toll free) or at the following address: Wells Fargo Securities, LLC, 550 South Tryon Street, Charlotte, North Carolina 28202, Attn: High Yield Syndicate.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.