Filed pursuant to Rule 433
Issuer Free Writing Prospectus, dated February 4, 2015
Supplementing the Preliminary Prospectus Supplement, dated February 4, 2015
Registration No. 333-184065
D.R. Horton, Inc.
$500,000,000 4.000% Senior Notes due 2020
Pricing Supplement
The information in this Pricing Supplement supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent it is inconsistent with the information in the Preliminary Prospectus Supplement.
| Issuer |
D.R. Horton, Inc. | |
| Title of Securities |
4.000% Senior Notes due 2020 | |
| Aggregate Principal Amount |
$500,000,000 | |
| Maturity Date |
February 15, 2020 | |
| Coupon |
4.000% | |
| Public Offering Price |
100.000% | |
| Yield to Maturity |
4.000% | |
| Interest Payment Dates |
February 15 and August 15 of each year, beginning on August 15, 2015 | |
| Record Dates |
February 1 and August 1 of each year | |
| Optional Redemption |
Make-whole call at T+50 bps plus accrued and unpaid interest and additional interest, if any | |
| Change of Control Triggering Event |
101% of principal plus accrued and unpaid interest | |
| Underwriting Discount |
0.600% | |
| Trade Date |
February 4, 2015 | |
| Settlement Date |
February 9, 2015 (T+3) | |
| CUSIP/ISIN Numbers |
CUSIP: 23331A BK4 ISIN: US23331ABK43 | |
| Denominations/Multiple |
$2,000 / $1,000 | |
| Joint Book-Running Managers |
Citigroup Global Markets Inc. Deutsche Bank Securities Inc. J.P. Morgan Securities LLC RBS Securities Inc. Wells Fargo Securities, LLC | |
The issuer has filed a registration statement (including a prospectus and a related prospectus supplement) with the United States Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and other documents D.R. Horton, Inc. has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, copies of the prospectus supplement and accompanying prospectus may be obtained by calling Citigroup Global Markets Inc. at 1-800-831-9146 or at the following address: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717.
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