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Published on 8/4/2009 in the Prospect News High Yield Daily.

D.R. Horton buys back $87.8 million of its senior notes for $84 million

By Susanna Moon

Chicago, Aug. 4 - D.R. Horton, Inc. said it repurchased $87.8 million principal amount of its outstanding senior notes for $84 million plus accrued interest during the third quarter.

D.R. Horton is a Fort Worth-based homebuilder.


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