Issuer: |
Pulte Homes, Inc. | |
Guarantors: |
Pulte Home Corporation | |
Del Webb Corporation | ||
and the Issuers wholly-owned homebuilding | ||
subsidiaries in the United States | ||
Issue of Securities: |
7.375% Senior Notes due 2046 | |
Denomination: |
$25.00 (each $25.00 principal amount a note) | |
Aggregate Principal Amount: |
$150,000,000 (6,000,000 notes) | |
Over-Allotment Option: |
900,000 notes | |
Coupon: |
7.375% per annum, accruing from May 17, 2006 | |
Interest Payment Dates: |
Quarterly on June 1, September 1, December 1 | |
and March 1, beginning on September 1, 2006 | ||
Maturity: |
June 1, 2046 | |
Redemption: |
Pulte may redeem the notes, in whole or in | |
part, at any time on or after June 1, 2011 at a | ||
redemption price equal to 100% of the principal | ||
amount redeemed plus accrued and unpaid | ||
interest to the redemption date. | ||
Settlement Date: |
May 17, 2006 (T+5) | |
CUSIP Number: |
745867200 | |
Public Offering Price: |
$25.00 per note; $150 million total (not | |
including over-allotment option) | ||
Proceeds to Pulte before
expenses: |
$145,275,000 total | |
Book-Running Manager: |
Wachovia Capital Markets, LLC | |
Co-Managers: |
Citigroup Global Markets Inc. | |
Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
UBS Securities LLC |