Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


FORM 8-K

 


Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 15, 2007

 


D.R. Horton, Inc.

(Exact name of registrant as specified in its charter)

 


 

Delaware   1-14122   75-2386963
(State or other jurisdiction of   (Commission File Number)   (IRS Employer
incorporation)     Identification No.)

301 Commerce Street, Suite 500, Fort Worth, Texas 76102

(Address of principal executive offices)

Registrant’s telephone number, including area code: (817) 390-8200

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 2.04. Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

On March 15, 2007, D.R. Horton, Inc. (the “Company”) provided final notice to American Stock Transfer & Trust Company (“Trustee”) that the Company is voluntarily calling all of its outstanding 8.5% Senior Notes due 2012 for full redemption on April 15, 2007 in accordance with the terms of the indenture governing the notes. The 8.5% Senior Notes will be redeemed at a price of $1,042.50 per $1,000 note outstanding, which will result in an aggregate redemption price of approximately $260.6 million to be paid by the Company on April 15, 2007. In addition, on April 15, 2007, accrued and unpaid semi-annual interest of $42.50 per $1,000 note, approximately $10.6 million in the aggregate, will be paid to holders of record as of April 1, 2007. Holders of the 8.5% Senior Notes will receive by mail a Notice of Full Redemption setting forth the redemption procedures.

A press release issued by the Company announcing the redemption is filed as exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits.

 

(c) Exhibits:

 

99.1    Press Release issued by D.R. Horton, Inc. on March 15, 2007.


Exhibit No.  

Description of Document

99.1   Press Release issued by D.R. Horton, Inc. on March 15, 2007.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 16, 2007

 

D. R. Horton, Inc.
By:  

/s/ BILL W. WHEAT

  Bill W. Wheat
  Executive Vice President and CFO