KB Home (KBH) to Sell 5.5M Common at $18.25/Share
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KB Home (KBH) Still Trading At Discount to Peers, MKM Reiterates Buy
January 24, 2013 11:31 AM ESTYesterday evening KB Home (NYSE: KBH) announced that it has agreed to sell 5.5 million shares of its common stock at a public offering price of $18.25 per share. The company will also offer $200 million in aggregate principal amount of its 1.375% convertible senior notes due 2019.
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