Filed pursuant to Rule 433
Issuer Free Writing Prospectus, dated July 31, 2013
Supplementing the Preliminary Prospectus Supplement, dated July 31, 2013
Registration No. 333-184065
D.R. Horton, Inc.
$400,000,000 5.750% Senior Notes due 2023
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||5.750% Senior Notes due 2023|
|Aggregate Principal Amount||$400,000,000|
|Maturity Date||August 15, 2023|
|Public Offering Price||100.000%|
|Yield to Maturity||5.750%|
|Spread to Benchmark Treasury||+310 basis points|
|Benchmark Treasury||UST 1 3/4 % due May 15, 2023|
|Interest Payment Dates||February 15 and August 15 of each year, beginning on February 15, 2014|
|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, prior to May 15, 2023, and thereafter at par.|
|Change of Control Triggering Event||101% of principal plus accrued and unpaid interest|
|Trade Date||July 31, 2013|
|Settlement Date||August 5, 2013 (T+3)|
|CUSIP/ISIN Numbers|| |
CUSIP: 23331A BH1
|Denominations/Multiple||$2,000 / $1,000|
|Joint Book-Running Managers||Deutsche Bank Securities Inc.|
|Citigroup Global Markets 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 Deutsche Bank Securities Inc. toll-free at (800) 503-4611, by email to prospectus.CPDG@db.com or at the following address: Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attn: Prospectus Group.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.