霍顿房屋美股招股说明书(2025-04-29版)

We are the largest homebuilding company in the United States as measured by number of homes closed. We construct and sell homes through our operating divisions in126 markets across 36states. We are offering $500,000,000 aggregate principal amount of our 4.850% senior notes due 2030 (the “notes”). The Notes The notes will mature on October 15, 2030. The notes will pay interest semi-annually in cash in arrears on April 15 and October 15 of each year, beginning on October15, 2025. The notes will accrue interest at the rate of 4.850% per annum. On the closing date of this offering, the notes will be guaranteed by substantially all of our homebuilding subsidiaries. The notes and the respective guarantees will besenior unsecured obligations. The notes will rank equally in right of payment with all of our existing homebuilding senior indebtedness, including our existinghomebuilding senior notes and our homebuilding revolving credit facility, and senior to any future indebtedness that is expressly subordinated in right of payment to thenotes. The guarantees will rank equally with all existing and future unsecured and unsubordinated indebtedness of the guarantors, including their guarantees of ourexisting homebuilding senior notes and our homebuilding revolving credit facility. We may redeem some or all of the notes at any time or from time to time at the redemption prices described in this prospectus supplement. See “Description of Notes—Optional Redemption.” In addition, upon the occurrence of both a Change of Control and a Ratings Downgrade Event (each as defined in “Description of Notes”),subject to certain exceptions, we will make an offer to each holder to purchase all or any part of that holder’s notes at a purchase price equal to 101% of the aggregateprincipal amount of such notes, plus accrued and unpaid interest to the date of purchase. See “Description of Notes—Certain Covenants—Repurchase of Notes uponChange of Control Triggering Event.” Use of Proceeds We intend to use the net proceeds of this offering for general corporate purposes. Investing in the notes involves risks. See “Risk Factors” beginning on pageS-9of this prospectus supplement. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon theadequacy or accuracy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense. Proceeds, before expenses, to D.R. Horton, Inc.(1) The notes will be ready for delivery in book-entry form only through the facilities of The Depository Trust Company for the accounts of its participants, includingEuroclear Bank S.A./N.V., as operator of the Euroclear System, and Clearstream Banking,société anonyme, on or about May 5, 2025. Table of Contents We have not, and the underwriters have not, authorized anyone to provide you with any information or to make any representation that isdifferent from, or in addition to, the information contained in this prospectus supplement and the accompanying prospectus, any documentsincorporated by reference in this prospectus supplement or the accompanying prospectus and any free writing prospectus. We and theunderwriters take no responsibility for, and can provide no assurances as to the reliability of, any other information that others may give you orrepresentations that others may make. You should not assume that the information contained in this prospectus supplement or theaccompanying prospectus, or the information contained in any document incorporated by reference in this prospectus supplement or theaccompanying prospectus, is accurate as of any date other than the date of each such document, unless the information specifically indicatesthat another date applies. Our business, financial condition, results of operations and prospects may have changed since those respective dates. TABLE OF CONTENTS Prospectus Supplement About this Prospectus SupplementIncorporation by ReferenceForward-Looking StatementsSummaryRisk FactorsUse of ProceedsCapitalizationDescription of NotesDescription of Other IndebtednessCertain United States Federal Income Tax ConsequencesUnderwritingLegal MattersExperts Prospectus dated July24, 2024 Forward-Looking StatementsRisk FactorsThe CompanySecurities We May OfferUse of ProceedsDescription of Debt SecuritiesDescription of Common Stock, Preferred Stock and Depositary SharesDescription of WarrantsDescription of Stock Purchase Contracts and Stock Purchase UnitsDescription of UnitsPlan of DistributionLegal MattersExpertsWhere You Can Find More InformationIncorporation of Certain Documents by Reference Table of Contents The distribution of this prospectus supplement and the accompanying prospectus may be restricted by law in certain jurisdictions. You should informyourself about and observe any of these restrictions. This prospectus supplement and the accompanying prospectus do not constitute, and