Meritage Homes Corp., founded in 1985 and headquartered in Scottsdale, Arizona, is a leading national homebuilder focused on designing and constructing high-quality homes in desirable locations across the United States. The company specializes in single-family homes, offering a range of products that cater to different market segments, including entry-level, move-up, and luxury homes.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MTH 3.88% 2029-04-15 USDMeritage Homes Corp. | United States | 2029-04-15 | 3.875 | 4.41 |
| MTH 3.88% 2029-04-15 USDMeritage Homes Corp. | United States | 2029-04-15 | 3.875 | 4.41 |
| MTH 5.13% 2027-06-06 USDMeritage Homes Corp. | United States | 2027-06-06 | 5.125 | 4.61 |
| MTH 5.13% 2027-06-06 USDMeritage Homes Corp. | United States | 2027-06-06 | 5.125 | 4.00 |
| MTH 5.13% 2027-06-06 USDMeritage Homes Corp. | United States | 2027-06-06 | 5.125 | — |
| MTH 5.65% 2035-03-15 USDMeritage Homes Corp. | United States | 2035-03-15 | 5.650 | 5.38 |
| MTH 6.00% 2025-06-01 USDMeritage Homes Corp. | United States | 2025-06-01 | 6.000 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Meritage Homes Corp. first began issuing bonds in 2013 as part of its strategy to support growth and enhance financial flexibility. Notably, in March 2021, the company issued $350 million in senior notes, a move aimed at refinancing existing debt and funding future projects. Current yields on its bonds are competitive within the homebuilding sector, reflecting the company’s stable financial position and robust demand in the housing market. The company often includes call features in its bond agreements, providing them with strategic options to manage interest expenses effectively amidst fluctuating market conditions.