Gibson Dunn Advises Forestar Group Inc. in $500 Million Private Offering of Senior Notes and $330 Million Tender Offer for Outstanding Notes

Firm News  |  March 17, 2025

Gibson Dunn advised Forestar Group Inc. in a private offering of $500 million aggregate principal amount of 6.500% senior notes due 2033. The proceeds of the notes offering were used to fund Forestar’s tender offer to purchase any and all of its outstanding 3.850% Senior Notes due 2026 (of which $329,434,000 aggregate principal amount was tendered) and for general corporate purposes, including to repay borrowings under Forestar’s credit facility.

The Gibson Dunn corporate team was led by partners Robyn Zolman and Darius Mehraban and included associates Paul Rafla, Sarah Ediger, and Lauren Hernandez. Of counsel Rodrigo Surcan led the Tender Offer, and partner Michael Cannon and associate Blake Hoerster advised on tax aspects.