The high-yield notes are due 2032

Davis Polk advised the representative of the initial purchasers in connection with a Rule 144A / Regulation S offering by LGI Homes, Inc. of $400 million aggregate principal amount of its 7.000% senior notes due 2032.

Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states.

The Davis Polk corporate team included partner Michael Kaplan, counsel Chris Van Buren and associate Maddie White. Counsel Liang Zhang and associates Alanna Phillips and Jenna Battaglia provided tax advice. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. Partner Frank J. Azzopardi and associate Francesca Masella provided intellectual property advice. All members of the Davis Polk team are based in the New York office.