Lennar Corporation 4.75% 29-NOV-2027Lennar Corporation 4.75% 29-NOV-2027Lennar Corporation 4.75% 29-NOV-2027

Lennar Corporation 4.75% 29-NOV-2027

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LEN4565997 analysis



Key facts


Issue date
Jun 12, 2018
Maturity date
Nov 29, 2027
Outstanding amount
‪699.77 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.75% (Fixed)
Yield to maturity
4.76%
Lennar Corp. engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding, Financial Services, Multifamily, and Lennar Other. The Homebuilding segment refers to the construction and sale of single-family attached and detached homes and the purchase, development, and sale of residential land directly and through entities. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes funds, asset management platform, and strategic investments in technology companies. The company was founded in 1954 and is headquartered in Miami, FL.
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