PulteGroup Prices $800 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 06:03 PM EST

06:03 PM EST, 02/10/2026 (MT Newswires) -- PulteGroup (PHM) said late Tuesday it has priced an underwritten public offering of $400 million of 4.250% senior notes due March 1, 2031, at 99.658% of the principal amount.

The firm said it also priced $400 million of 4.900% senior notes due March 1, 2036, at at 99.038% of the principal amount. It expects to close the offering Feb. 20.

Net proceeds will be used to repay at maturity $251.9 million of its 5.500% senior notes due March 2026, to redeem in full prior to maturity all $337.3 million of its 5.000% senior notes due January 2027, and for general corporate purposes, it said.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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