#USA #Senior Notes #Greenwood Village #Century Communities #Homebuilders

Century Communities Launches Private Offering

Century Communities, Inc. (NYSE: CCS), one of the leading homebuilders in the United States, has recently announced a significant financial initiative. The company is set to launch a private offering totaling $500 million of new Senior Notes due 2033. This decision, disclosed on September 3, 2025, is part of a strategic effort to strengthen its capital structure and manage existing debt more effectively.

The Details of the Offering

The private offering will target qualified institutional buyers in accordance with Rule 144A of the Securities Act of 1933, alongside selected non-U.S. entities under Regulation S. Specific terms regarding the pricing of these notes will depend on prevailing market conditions at the time of the sale. These notes are expected to be backed by the company’s current and future subsidiaries, with guarantees on an unsecured senior basis from most of its wholly-owned domestic subsidiaries.

In conjunction with this offering, Century Communities has plans to utilize the net proceeds to redeem a portion of its outstanding debt. Specifically, the funds generated will be directed towards the full redemption of their existing 6.750% Senior Notes, which are set to mature in 2027. This structured approach will ensure a smoother financial transition and may enhance the company's overall credit profile.

Conditional Redemption Notification

The company has put out a conditional notice of redemption for all outstanding 2027 Senior Notes. Scheduled for October 3, 2025, the redemption price will be set at 100% of the principal amount alongside unpaid interest accrued until the redemption date. This conditional redemption is linked to the successful completion of the new offering; should those terms not be achieved, the redemption of the 2027 notes will be cancelled, and they will continue to remain outstanding.

Trustee services for the 2027 notes are being handled by U.S. Bank National Association, which will also perform the role of paying agent during the redemption process.

Regulatory Compliance

The company has clarified that the notes and their respective guarantees will not undergo registration under the Securities Act or under any state’s securities laws, meaning they cannot be offered or sold within the United States without proper registration or exemption. As such, this financial maneuver does not constitute an aim to solicit investments in the notes or the company’s other securities.

The implications of this move are significant. By pursuing this offering and the subsequent redemption, Century Communities aims not only to optimize its debt profile but also to position itself more favorably for future opportunities. The firm's mission is centered on crafting high-quality homes at accessible prices, and prudent financial management is integral to achieving that goal.

About Century Communities

Founded on principles of quality and customer satisfaction, Century Communities has established itself as one of the nation’s largest homebuilders. The company was recognized as one of America’s Most Trustworthy Companies for three consecutive years and has been listed among the World’s Most Trustworthy Companies in 2025. Beyond homebuilding, they also provide financing options such as mortgages and title services through subsidiaries like Inspire Home Loans and Parkway Title. With operations spanning 16 states and over 45 markets, Century remains committed to delivering homes that cater to a diverse range of buyers, always holding the philosophy of A HOME FOR EVERY DREAM® at its core.

Conclusion

In conclusion, Century Communities' announcement of launching a private offering and the planned redemption exhibits a proactive stance on managing financial obligations while gearing up for sustained growth. As investors and stakeholders keep an eye on market conditions and completion timelines, the homebuilder's commitment to its customers will remain unwavering. The future looks promising as Century Communities continues to balance ambitions with financial prudence.