Reported 1 day ago
Hovnanian Enterprises, Inc. (NYSE:HOV) announced on September 11 that its subsidiary, K. Hovnanian Enterprises, Inc., priced a private offering of $450 million in Senior Notes due in 2031 and 2033. The company also reported positive Q3 2025 results, exceeding guidance for all metrics, while addressing affordability challenges with incentives. Hovnanian aims to leverage pent-up housing demand and favorable demographics to bolster new home sales.
Source: YAHOO