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KB Home to offer $300M of senior notes

Homebuilder KB Home is offering $300.0 million of senior notes due 2029 in a public offering.

Net proceeds from the offering will be used to retire its 8.00% senior notes due 2020.

Citigroup Global Markets Inc., BNP Paribas Securities Corp., BofA Securities Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and Wells Fargo Securities LLC are the book-running managers for the offering.