Meritage Homes Corporation 3.875% 15-APR-2029Meritage Homes Corporation 3.875% 15-APR-2029Meritage Homes Corporation 3.875% 15-APR-2029

Meritage Homes Corporation 3.875% 15-APR-2029

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MTH5160126 analysis



Key facts


Issue date
Apr 15, 2021
Maturity date
Apr 15, 2029
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.88% (Fixed)
Yield to maturity
5.37%
Meritage Homes Corp. engages in the design and construction of single-family attached and detached homes. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment acquires and develops lands, constructs homes, markets and sells those homes, and provides warranty and customer services. The Financial Services segment offers title and escrows, mortgage, and insurance services. The company was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.
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